Morgage bond prices remain positive this morning helping move rates in
the right direction....lower. Rates were helped by worse than expected
economic data first thing this morning.
Weekly jobless claims @382k, expected @ 375k. The bad jobs numbers has us starting the day on the right note.
Phildelphia Fed down 1.9, expected down 4.0, LEI down 0.5%, expected down 0.1%. Mixed data but seem to hold the gains so far.
The Wall Street Journal had an opinion piece this morning addressing the euro zone debt crisis. The key to the article was the following, "Could this be the beginning of the end of the euro zone's crisis? Unfortunately, the answer is "probably not." The crisis has been allowed to fester so long that the economic problem may now be too big to be addressed within the shrinking political space available."
If you want to more information about Best Mortgage Rates and Refinance Maryland , please visit the website :- http://www.firstchoicemoney.com/
Weekly jobless claims @382k, expected @ 375k. The bad jobs numbers has us starting the day on the right note.
Phildelphia Fed down 1.9, expected down 4.0, LEI down 0.5%, expected down 0.1%. Mixed data but seem to hold the gains so far.
The Wall Street Journal had an opinion piece this morning addressing the euro zone debt crisis. The key to the article was the following, "Could this be the beginning of the end of the euro zone's crisis? Unfortunately, the answer is "probably not." The crisis has been allowed to fester so long that the economic problem may now be too big to be addressed within the shrinking political space available."
If you want to more information about Best Mortgage Rates and Refinance Maryland , please visit the website :- http://www.firstchoicemoney.com/
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