Daily Market Update 9/5/14

Mortgage rates eased slightly on Friday following a weaker than expected Employment Report.  The economy added 142,000 jobs in August, the smallest increase since December.  An increase of 210,000 had been forecast.  The Unemployment Rate declined to 6.1%, in line with expectations.  Average Hourly Earnings rose 0.2%, matching the consensus forecast.  No other key data will be released today.

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