News of increased manufacturing orders in December due today may boost consumer confidence and improve stock market yields.
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Tag Archives | Current Mortgage Rates
Stocks Rising This Morning – Market Update
The bond market is up this morning with the rally being driven by a disappointing unemployment report. There are still lesser economic numbers getting released throughout the day, which has the potential to move the markets.
Multiple Economic Reports This Week – Market Update
Highlighted by multiple reports that will give an indication of the health of our economy, this week will be full of data for you to consume.
European Banks Pay Back Loans – Market Update
The markets got a dose of good news overnight. Banks in Europe decided to pay back a large amount of the money they borrowed.
Debt Ceiling Debate Continues – Market Update
The U.S. Government could not win yesterday in the eyes of the market. If they don’t raise the debt ceiling, then the government will default on their debt.
U.S. Home Sales Report Released Today – Market Update
The mortgage-backed bond market is down slightly from Friday morning, and the market awaits this morning’s U.S. home sales report.
Mortgage Applications Rose Last Week – Market Update
Following three straight weeks of declines, mortgage applications rose 11.7% for the week ending January 4.
Today Is the Last Day to Avoid the Fiscal Cliff – Market Update
Bond markets are down slightly this morning on what should be a quiet New Year’s Eve trading day. Today is the last day for legislators to avoid the tax hikes and spending cuts that would go into effect at midnight of Congress is unable to reach a deal.
Housing Prices Rise – Market Update
Bloomberg-surveyed economists are expecting that prices rose 4% over the last year in the 20 cities included in the report.
Continued Progress in Fiscal Cliff Avoidance Talks – Market Update
Treasuries and MBS prices sold off yesterday as continued progress in fiscal cliff avoidance talks led to optimism among investors.
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