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Wednesday is off to a good start with friendly inflation data leading things off at 8:30am and an even friendlier press conference from European Central Bank (ECB) president Mario Draghi. The ECB didn't make any policy changes, but Draghi's ton...
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Rob Chrisman
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“My 8-year-old daughter can already read at a 5th grade level and ignore me at a 12th grade level.” Talking about young ‘uns, who needs great grades when… The house belonging to Peter Brand, Harvard’s fencing coach, app... (read more) |
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MBS Commentary
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Wednesday is off to a good start with friendly inflation data leading things off at 8:30am and an even friendlier press conference from European Central Bank (ECB) president Mario Draghi. The ECB didn't make any policy changes, but Draghi's ton... (read more) |
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Housing News
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The rally in mortgage application volume that sent several of the Mortgage Bankers Association's (MBA's) metrics to recent highs at the end of March faded last week as interest rates reversed course. The unexpected boom in refinancing ratcheted down,... (read more) |
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Housing News
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Applications for financing new home purchases were up significantly in March. The Mortgage Bankers Association (MBA) reports that Builder Application Survey (BAS) data for the month shows a 7 percent increase in those applications compared to March 2... (read more) |
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Mortgage Rate Watch
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Mortgage rates dropped today. It wasn't a huge move, but they didn't have to go very far to get to the best levels of the month. To be fair, many prospective borrowers are still seeing the same interest rate at the top of a loan quote that they would... (read more) |
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MBS Commentary
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Treasuries were stronger today while MBS were mostly weaker. These days can happen, and they're all the more likely when a few key variables are present. Among those variables are Treasury auctions, big geopolitical risks, and the monthly... (read more) |
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consumerfinancemonitor.com
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