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Monthly Archives: March 2017

Mortgage Market in Review – March 27, 2017

Market Comment Mortgage bond prices finished the week higher which pushed rates lower.  Rates started the week lower with no data releases.  The positive streak continued after tame housing data.  Existing home sales printed at 5.48M units versus the expected 5.54M.  Housing prices were unchanged from December to January according to the FHFA Housing Price […]

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Mortgage Market in Review – March 13, 2017

    Market Comment Mortgage bond prices finished the week sharply lower which pushed rates higher.  Factory orders rose 1.2% versus the expected 1% increase.  The trade deficit was $48.5B which was in line with expectations.  ADP payrolls increased by 298K.  Analysts expected an increase of 190K.  Productivity in Q4/2016 rose 1.3% and labor costs […]

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Mortgage Market in Review – March 6, 2017

Market Comment Mortgage bond prices finished the week sharply lower which pushed rates higher.  Rates were stable Monday as the data was in line with expectations.  Durable goods orders rose 1.8%.  The market became volatile Tuesday afternoon in response to comments from Fed officials.  Dallas Fed President Kaplan said the Fed needs to raise rates […]

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