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Monthly Archives: March 2018

Mortgage Market in Review – March 26, 2018

    Market Comment Mortgage bond prices finished the week mixed with conventional prices near unchanged on the week and government prices lower.  Rates fell the first portion of the week ahead of the Fed meeting.  The Fed raised rates as expected but the projection of three additional hikes later this year was countered by […]

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Mortgage Market in Review – March 19, 2018

    Market Comment Mortgage bond prices finished the week higher which kept rates in check. Rates fell the first portion of the week amid tame consumer inflation data. Consumer prices rose 0.2% as expected. The Core, which excludes volatile food and energy prices, rose 0.2% as expected. Retail sales fell 0.1%. Analysts expected an […]

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Mortgage Market in Review – March 12, 2018

    Market Comment Mortgage bond prices finished the week lower which pushed rates slightly higher.  Rates were higher the first portion of the week.  The trade deficit was higher than expected.  Productivity was unchanged and labor costs rose 2.5%.  Analysts expected a slight decrease in productivity and a cost increase of 2.1%.  ADP payrolls […]

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Mortgage Market in Review – March 5, 2018

    Market Comment Mortgage bond prices finished the week higher which helped rates remain near unchanged to slightly lower. Rates were volatile almost the entire week. We started the week with rates improving following weaker than expected data. New home sales were 593K versus the expected 645K. That reversed Tuesday with stronger than expected […]

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