Mortgage Quiz: Rates 101
Question: With news like the recent news below: Are rates likely to go up, or down? The answer is in the comments.
Jobless claims fell by 17,000 in
latest week
WASHINGTON (Reuters) - New claims for U.S. jobless aid fell by a more-than-expected 17,000 last week to the lowest level since mid-July, Labor Department data showed on Thursday, but the four-week average of claims changed little.
First time claims for state unemployment insurance benefits declined to a seasonally adjusted 302,000 in the week ended September 30, from an upwardly adjusted 319,000 in the prior week.
The answer is UP. Now your next assignment is to tell us why. Lar