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Monthly Archives: July 2016

Mortgage Market in Review – July 18, 2016

Market Comment Mortgage bond prices finished the week lower which put upward pressure on rates.  Rates were flat the beginning of the week amid no data and some stock strength.  The global stock rally continued and rates eventually pushed higher.  The Treasury auctions were weaker than normal as the flight to quality influx of funds […]

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Mortgage Market in Review – July 11, 2016

Market Comment Mortgage bond prices finished the week near unchanged amid considerable volatility. Rates improved early in the week as fallout from the BREXIT vote continued to reverberate across the globe which resulted in flight to safety buying of U.S. debt instruments. Factory orders fell 1% versus the expected 0.9% decline. The trade deficit was […]

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Mortgage Market in Review

    Market Comment Mortgage bond prices finished the week higher which pushed rates lower.  Rate movements were limited most of the week but most of the positive improvements came early in continuation of Brexit fallout the week before.  The U.S. economy grew at a 1.1% the first quarter which was as expected.  Consumer confidence […]

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