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Monthly Archives: December 2016

Mortgage Market in Review – December 19, 2016

Market Comment Mortgage bond prices finished the week sharply lower which caused rates to spike higher. Rates increased Monday morning tied to reports of rising oil prices. Producer prices rose 0.4% versus the expected 0.1% increase. The core, which excludes volatile food and energy prices, rose 0.4% versus the expected 0.2% increase. The Fed raised […]

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Mortgage Market in Review – December 12, 2016

Market Comment Mortgage bond prices finished the week near unchanged to slightly lower despite some large swings early in the week. Rates started higher Monday morning tied to reports of strength in the Chinese economy and rising oil prices. Some of the losses were erased Tuesday as productivity was weaker than expected. Stock strength was […]

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Mortgage Market in Review

Market Comment Mortgage bond prices finished the week near unchanged holding mortgage rates in check.  Trade remains volatile with large swings occurring on a regular basis.  Rates started the week lower as stocks were a little lower Monday and Tuesday mornings.  The economy grew at a 3.2% rate in Q3/2016. That data was slightly better […]

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