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I'm Sandra Smith of your Fox Business -- more signs of economic weakness sending stocks tumbling right now the Dow.
-- sharply lower by 412 points at 10100997.
The Labor Department saying the number of people applying for unemployment benefits rose back above the 400000.
Mark last week.
Still the four week average which is a more reliable gauge of the jobs market fell to the lowest level since mid April.
The weekly report suggests that the economy is creating jobs but not nearly enough to lower the high unemployment rates.
And Freddie Mac saying mortgage rates -- fixed and adjustable reaching an all time record -- the firm's results of its.
Primary mortgage market survey are providing further.
Evidence for those homeowners looking at -- looking to refinance.
The thirty year fixed averaged four point 15%.
Breaking the previous record low of four point 17%.
That's the latest from the Fox Business that we're giving.
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