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Monthly Archives: September 2016

Mortgage Market in Review – September 26, 2016

Market Comment Mortgage bond prices finished the week higher which helped rates fall.  There was some seesaw trading but within a relatively narrow ahead of the Fed meeting Wednesday.  The Fed reduced growth projections for this year and mortgage bond prices rose which pushed rates lower Wednesday afternoon and into Thursday morning.  The data was […]

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Mortgage Market in Review – September 22, 2016

Newsletter-September 19th, 2016      Kane Smeltz President nmls #142948 Kane Mortgage, Inc. Lic PA D.O.B; nmls 51058 4755 Linglestown Rd, Suite 205 Harrisburg, PA 17112 Phone: (717)541-5132 E-Mail: ksmeltz@kanehomeloans.com Website: https://www.kanehomeloans.com         Market Comment Mortgage bond prices finished the week near unchanged which kept rates steady. There was some seesaw trading but within a […]

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Mortgage Market in Review – September 12, 2016

    Market Comment Mortgage bond prices finished the week near unchanged which kept rates steady.  There was some seesaw trading but within a relatively narrow margin as the European Central Bank did not announce an extension of their asset purchases past the current March 2017 deadline.  Oil inventories fell from an expected increase.  In […]

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Mortgage Market in Review – September 5, 2016

    Market Comment Mortgage bond prices finished the week near unchanged which kept rates steady. There was some seesaw trading but within a relatively narrow margin as Fed officials continued to discuss rate increases. Fed Vice-Chair Fischer said the economy was near full employment. Consumer confidence was expected at 97 but came in at […]

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