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Monthly Archives: November 2018

Mortgage Market in Review – November 19, 2018

    Market Comment Mortgage bond prices finished the week higher which put sharp downward pressure on rates.  Consumer prices rose 0.3% and the core value, which excludes the volatile food and energy costs, rose 0.2%. That data was near expectations and supports the narrative from the Federal Reserve that inflation is rising as the […]

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Mortgage Market in Review – November 12, 2018

    Market Comment Mortgage bond prices finished the week lower which put upward pressure on rates. Stocks showed positive movements prior to and after the Tuesday elections and MBS prices were lower. The Treasury auctions early in the week were generally lackluster. The Fed left rates unchanged but said the labor market was strong, […]

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Mortgage Market in Review – November 7, 2018

    Market Comment Mortgage bond prices finished the week lower which put upward pressure on rates.  The Case Shiller 20 Home Index was 5.5%. Market participants expected an increase of 5.9%.  Consumer confidence printed at 137.9, better than the expected 135.8 reading.  Stocks saw some large swings again this week but mostly in an […]

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