Mortgage rates retreating from 7% on ‘massive’ revision to jobs report

Mortgage rates retreating from 7% on ‘massive’ revision to jobs report

At Inman Connect Las Vegas, July 30-Aug. 1 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us. Mortgage rates were in retreat Friday after the Bureau of Labor Statistics reported that employers added fewer jobs in April and May than previously thought and that hiring by private companies was sluggish in June. After spiking following the June 27 presidential debate, rates are once again trending …