Here are some updated numbers for the week. 30-year prices dropped down to their lowest in the past few months, opening this morning at 4.75%. This is largely due to the fact that the markets dropped over 400 points last week alone.
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I hope you all had an enjoyable weekend. I figure most of you are working today, so I wanted to go ahead and send out some revised figures. Half of the banks we work with were closed yesterday, but the others were still publishing rates. The DOW finished down more than 100 points on Friday, so rates ...
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You will quickly notice that rates have taken a dramatic hit since last week’s figures, and I’m hesitant to believe that we’ll see much relief in the short term unless the upcoming treasure auctions do very well. Most of the economic data coming out over the last few weeks (i.e. higher inflation, holiday retail etc.) are showing signs of ...
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