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Monthly Archives: October 2018

Mortgage Market in Review – October 30, 2018

    Market Comment Mortgage bond prices finished the week near unchanged despite some sharp swings throughout the week. Rates fell slightly the first portion of the week amid no data and a strong stock selloff. Many of the improvements were erased Wednesday afternoon and Thursday morning as stocks recovered some of the earlier losses. […]

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Mortgage Market in Review – October 22, 2018

Market Comment Mortgage bond prices finished the week lower which put upward pressure on rates.  Rates were relatively steady the first portion of the week.  Selling pressure emerged Wednesday afternoon as stocks recovered some of their recent losses.  Retail sales, an indication of the strength of the consumer, rose 0.1%. Excluding automobiles sales fell 0.1%. […]

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Mortgage Market in Review – October 15, 2018

    Market Comment Mortgage bond prices finished the week near unchanged which held rates in check. Rates were higher Tuesday after the extended holiday weekend. Selling pressure tied to strength in the recent employment report set the tone for trading early in the week. Producer prices rose 0.2% as expected. The core, which excludes […]

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Mortgage Market in Review – October 1, 2018

    Market Comment Mortgage bond prices finished the week slightly higher which put a little downward pressure on rates. The week started on a negative note as the Treasury auctions had lower than average demand. The FHFA House Price Index rose 0.2% as expected. Consumer confidence was a strong 138.4 versus an expected 131 […]

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