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Tag Archive | "consumer sentiment"

Mortgage Update for October 26, 2012

This morning saw two relatively positive reports come out. The markets had little reaction to this data, as they continued to monitor the equity markets and the situation in Europe for any new information that might provide more insight into the situation there.  GDP and Consumer Sentiment Data Released The first report was the release of […]

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End of Week Mortgage Wrap Up: August 17, 2012

Mortgage rates got some relief today, improving slightly after spending most of the week rising, mirroring activity we saw last week. Today marked the most mild day the bond markets have seen in weeks. While the hope is that this may signal a change in the upward trend for mortgage rates, this will remain to […]

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Mortgage Wrap for Week Ending March 30, 2012

This week is seeing mortgage rates decrease a bit after a rise over the past few weeks. The overall theme this week is that the economic data that was released was good, but not great, which was a bit of a disappointment to the markets. This means that the lackluster data helped exert downward pressure […]

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Weekly Mortgage Wrap Up for February 24, 2012

For the third time in three months, existing-home sales (homes that have been previously occupied, not new) rose in January, while inventories continued to improve, according to the National Association of Realtors. Additionally, new home sales for January fell by 0.9% from December to 321,000 sales, which is better than the market expected, yet even more […]

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Mortgage Outlook for the Week Ending November 11, 2011

This week saw mortgage rates revisit near record all time lows as the market dealt with concerns of a European debt default. This time it was Italy in the crosshairs as Italian Prime Minister Berlusconi agreed to resign. The market is likely to look favorably to a resolution in the Italian drama, but some analysts still have […]

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Weekly Mortgage Wrap Up For October 28, 2011

Yesterday, mortgage rates rose on news of a solution to the debt issues affecting the Eurozone. Also affected were the Stock and Bond Markets with the Dow surging 339 points. Today, data was released for September’s Personal Income and Outlays report, Employment Cost Index (ECI) and University of Michigan’s Index of Consumer Sentiment for October. The Personal […]

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Mortgage Outlook for the Week of October 10th, 2011

While the bond / stock markets are closed today in observance of Columbus Day today (re-opening tomorrow), this week will bring three economic reports that are of interest to the mortgage market along with the minutes from the last FOMC meeting and two important Treasury auctions. New Data Released This Week On 2:00 PM ET […]

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Mortgage Rate Outlook for Week of June 13, 2011

This week there will be key economic data coming out that will shed light on the state of inflation, housing, manufacturing, retail sales and consumer sentiment. While mortgage rates have maintained their lows in the past few weeks due to consistently poor performance by leading economic indicators (this is good for mortgage rates), it is […]

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