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Monthly Archives: September 2018

Mortgage Market in Review – September 17, 2018

    Market Comment Mortgage bond prices finished the week lower which put upward pressure on rates. The week started on a negative note amid no domestic data and strength out of the eurozone. Tame inflation readings mid-week helped counter some of the weakness. Producer prices fell 0.1% and the core value, which excludes the […]

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Mortgage Market in Review – September 10, 2018

    Market Comment Mortgage bond prices finished the week near unchanged which kept rates steady.  The Institute for Supply Management (ISM) report printed at 61.3, much stronger than the expected 57.6.  The trade deficit stood at $50.1B. That data was near estimates.  ADP payrolls printed “cool or lower than expected” at 163K versus the […]

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Mortgage Market in Review – September 3, 2018

  Market Comment Mortgage bond prices finished the week near unchanged which kept rates steady. Stronger than expected data Tuesday and Wednesday put some initial upward pressure on rates. Confidence was 133.4 versus the expected 126.5. Q2 Gross Domestic Product rose 4.2% versus the expected 4%. The losses were reversed the latter portion of the […]

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