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Monthly Archives: October 2017

Mortgage Market in Review – October 30, 2017

  Market Comment Mortgage bond prices finished the week lower which put upward pressure on rates. Rates were flat the beginning of the week amid reports out of the Eurozone about unrest in Spain. Higher stocks and talk of potential Fed Chair replacements when Yellen’s term ends early next year sent rates higher. The data […]

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Mortgage Market in Review – October 24, 2017

  Market Comment Mortgage bond prices finished the week lower which put upward pressure on rates.  Rates were flat the beginning of the week but were pressured higher as stocks continued to hit record levels.  Most of the data releases showed no real surprises.  Industrial production rose 0.3% and capacity utilization stood at 76% which […]

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Mortgage Market in Review – October 16, 2017

  Market Comment Mortgage bond prices finished the week higher which put downward pressure on rates.  Rates were positive following the holiday amid some instability in the Eurozone especially focused in Spain.  Rates were under a little upward pressure in the middle of the week as stocks continued to climb.  This reversed some later in […]

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Mortgage Market in Review – October 9, 2017

  Market Comment Mortgage bond prices finished the week lower which put upward pressure on rates. Rates were worse the beginning of the week amid no data and strong stocks. Prices recovered a little Wednesday amid some instability in the Eurozone tied to Catalonia’s bid for independence from Spain. ADP Employment showed a reading of […]

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Mortgage Market in Review – October 2, 2017

  Market Comment Mortgage bond prices finished the week near unchanged to slightly lower which put a little upward pressure on rates. Rates were flat the beginning of the week and then shot higher Wednesday and Thursday in response to stronger than expected data. Durable orders rose 1.7% versus the expected 0.7% increase. Revised Q2 […]

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