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Monthly Archives: January 2015

Mortgage Market in Review – January 26, 2015

  Market Comment Mortgage bond prices finished the week unchanged to slightly lower which pushed rates a bit higher. Rates were negative the first portion of the week in response to stronger than expected housing data. Housing starts were 1089K versus the expected 1060K. The weakness continued until Thursday. Weekly jobless claims were 307K versus […]

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Mortgage Market in Review – January 19, 2015

Market Comment Mortgage bond prices finished the week higher, which pushed rates lower. Rates were positive the first portion of the week as the dollar remained strong. There was some weakness Tuesday morning in response to stronger stocks. The weaker than expected retail sales report Wednesday morning helped rates improve. Retail sales fell 0.9% versus […]

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Mortgage Market In Review – January 12, 2015

Market Comment Mortgage bond prices finished the week near unchanged which kept rates in check. Rates were positive the first portion of the week in response to a strong stock selloff Monday and Tuesday. This reversed Wednesday morning in response to the data. ADP employment came in at 241K versus the expected 230K mark and […]

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Mortgage Market in Review – January 5, 2015

Market Comment Mortgage bond prices finished the week higher, which pushed rates lower. Rates were positive the first portion of the week in thin trading conditions, which surrounded the holidays. Weaker than expected consumer confidence data Tuesday morning helped rates improve. Confidence was 92.6 versus the expected 94.4. The weekly jobs report released Wednesday was […]

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