Live from New York, it's Jobs Friday! Mortgage rates hit a 2-year high yesterday ahead for today’s jobs report. Strong economic data suggested today’s report should be similarly strong. Nonfarm payrolls are expected to have risen 180,000 in August while the unemployment rate should hold steady at 7.4 percent. This data could give the Fed the green light to taper away. Hopefully, the late day sell-off has already priced this into the market.
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