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Monthly Archives: April 2016

Mortgage Market in Review – April 18, 2016

Market Comment Mortgage bond prices finished the week near unchanged which kept rates in check. This was another week of choppy trading but within a very narrow range. Rates improved slightly Tuesday morning in response to sentiment that the Fed will not raise rates again until December. However, Fed official Kaplan said the earlier rate […]

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Mortgage Market in Review – April 11, 2016

Market Comment Mortgage bond prices finished the week near unchanged which kept rates in check.  Factory orders fell 1.7%. That data was near expectations and caused very little market movement.  The U.S. ran a trade deficit of $47B as expected.  Weekly jobless claims printed at 267K and continuing claims, a summation of all receiving benefits, […]

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Mortgage Market in Review – April 4, 2016

Market Comment Mortgage bond prices finished the week higher which put downward pressure on rates. Rates were higher Monday but started to turn the other way Tuesday amid mixed data and Fed comments. Personal income rose 0.2% versus the expected 0.1% increase. Outlays rose 0.1% as expected. Core PCE prices rose 0.1% as expected which […]

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