Skip to content

Monthly Archives: June 2018

Mortgage Market in Review – June 25, 2018

    Market Comment Mortgage bond prices finished the week unchanged to slightly lower which put slight upward pressure on rates. The NAHB Housing Index was weaker than expected. Housing starts were 1350K. Analysts expected 1330K. Existing home sales were 5.43M versus the expected 5.55M. LEI rose 0.2% versus the expected 0.4% increase. Philadelphia Fed […]

READ MORE »

Mortgage Market in Review – June 18, 2018

Market Comment Mortgage bond prices finished the week higher which put downward pressure on rates.  The first portion of the week started with higher rates followed by small positive movements Tuesday and Wednesday.   Consumer prices rose 0.2% and the core value, which excludes the volatile food and energy components, also rose 0.2%. Traders expected CPI […]

READ MORE »

Mortgage Market in Review – June 11, 2018

    Market Comment Mortgage bond prices finished the week lower which put upward pressure on rates. The first portion of the week was calm as some of the data was weaker than expected. Factory orders came in lower than expected. The Trade deficit was $46.2B versus the expected $48.8B. Productivity rose 0.4% versus the […]

READ MORE »