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Monthly Archives: January 2016

Mortgage Market in Review – January 25, 2016

Market Comment Mortgage bond prices finished the week slightly lower which pushed rates higher. Rates swung back and forth throughout the week. Positive stocks Tuesday morning put some upward pressure on rates. That was quickly reversed mid week as a stock selloff ignited. We ended the week with some stock strength early Friday morning. The […]

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Mortgage Market in Review – January 18, 2016

Market Comment Mortgage bond prices finished the week higher which helped rates improve. Prices started in neutral territory and gradually increased amid continued global economic uncertainty and continued declines in oil prices. The Fed Beige Book showed moderate economic growth and did not move the financial markets much. Weekly jobless claims were higher than expected […]

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Mortgage Market in Review – January 11, 2016

Market Comment Mortgage bond prices finished the week higher which helped rates improve. MBS trading started on a positive note amid significant stock weakness tied to global events. Chinese manufacturing data showed weakness and the equity selling contagion spread across most of the globe. U.S. stocks were negative throughout most of the week. The DOW […]

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Mortgage Market in Review – January 4, 2016

Market Comment Mortgage bond prices finished the week near unchanged which held rates steady. Trading started on a slightly positive note amid no data Monday. The 2-year Treasury auction Monday was met with weak demand. Consumer confidence printed at 96.5 versus the expected 93.5. Thin trading was evident throughout the week. The 5-year Treasury auction […]

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