Replies

To: donozark

Up 225K according to Robert Brusca. And he normally understates job gains.

Estimates are for 205k, prior was 175k. 225k or above would crush the ten-year note, and with it spike mortgage rates.

6 posted on 02/03/2005 5:21:54 PM PST by montag813

To: montag813

Estimates all over the map-as usual.

Money is cheap right now. Citbank sent me a 1.99% credit card offer (transfer of debt). Much competition among mortgage lenders.

7 posted on 02/03/2005 5:27:03 PM PST by donozark (I've never had an original thought in my life. In fact, just the other day, I was thinking...)

To: montag813

Estimates are for 205k, prior was 175k. 225k or above would crush the ten-year note, and with it spike mortgage rates.

Exactly!! Because the 2.2 million jobs created in 2004 caused the 10 year to jump from about 4.27% to about ...errr... 4.22%. Never mind.

9 posted on 02/03/2005 11:24:20 PM PST by Toddsterpatriot (Protectionism is economic ignorance!)

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