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Existing Home Sales Fall Again

Mortgage bonds continue to hug the bottom of the floor of support provided by the 50-day moving average. Today marks the 6th day that bond prices have been flirting with this critical level. The concern is that if this floor is broken,…

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The Labor Market Flexes Its Muscle

The strength of the labor market continues to build, with the weekly rate...
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Purchase Mortgage Applications Hit 9-Year High

Mortgage bonds are dangling off a cliff, as they fight to hold on...
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Both Stocks and Interest Rates Higher

Just more of the same in the bond market, with mortgage interest rates...
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Interest Rates Continue to Deteriorate

Mortgage bonds have continued to slowly lose value day after day, which has...
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Stocks Approaching All-Time High Levels

Mortgage bond prices continue to drift lower, which is adding upward pressure to...
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Weekly Unemployment Claims at 49 Year Low

This morning’s Weekly Unemployment Claims number showed that there were only 196,000 claims...
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The Fed is Confused

The Federal Reserve released their Meeting Minutes from their last FOMC Meeting today. The...
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Waiting on the Fed

Mortgage bonds are flat in early morning trading, while stocks are down slightly. Although...
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Job Numbers are in!

Although the Bureau of Labor Statistics (BLS) report showed that job gains in...
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