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        <Description>&lt;p&gt;Grim jobs data improved rates today.&amp;nbsp; Despite estimates of 70,000 new jobs, the Jobs Report for December showed only a scant &lt;strong&gt;18,000&lt;/strong&gt; new jobs created.&amp;nbsp; &lt;strong&gt;Private-sector job growth actually fell&lt;/strong&gt; by 13,000 which is &lt;strong&gt;the largest private sector drop in more than four years&lt;/strong&gt;.&amp;nbsp; Additionally, &lt;strong&gt;the unemployment rate jumped significantly to 5.0%&lt;/strong&gt; from November's level of 4.7%.&amp;nbsp; This is the highest jump since 2001.&amp;nbsp; The news confirms fears that fallout from the housing slump and credit crunch is spreading throughout the economy making bonds, treasuries and mortgages a more appealing bet for skeptical investors.&amp;nbsp; This morning's numbers are truly a shocker, not just slightly lower.&amp;nbsp; The Fed historically eases when unemployment starts to rise.&amp;nbsp; &lt;/p&gt;&lt;p&gt;I recomment floating into Monday and see if we continue to see improvement in the interest rates.&amp;nbsp; Get with your Mortgage Consultant today to set up to take advantage of the low home loan rates.&lt;/p&gt;</Description>
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