Tag: july 29 2010 outlook for rates
Rate Update July 30, 2010
Mortgage rates are unchanged today. Stocks have opened lower on weak economic and earnings data, which should help mortgage rates. The Commerce Department reported this morning that 2nd quarter GDP growth was more sluggish than analysts had expected. Furthermore, they went back revised previous GDP growth figures lower for the past 3 years. Also hitting [...]
Posted: July 30th, 2010 under Rate Update.
Tags: july 29 2010 MBS, july 29 2010 mortgage rates, july 29 2010 outlook for rates, july 29 2010 rate update
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Rate Update July 29, 2010
Mortgage rates are unchanged today. Stocks are trading higher in early morning trading, albeit on light volume. Equities received a boost from better-than-expected earnings from Exxon Mobil, encouraging news from Disney, and better than expected jobless claims figures. On the flip side mortgage-backed bonds (MBS’s) haves started the day weaker. The main focus for interest [...]
Posted: July 29th, 2010 under Rate Update.
Tags: july 29 2010 interest rates, july 29 2010 MBS, july 29 2010 mortgage rates, july 29 2010 outlook for rates, rate update july 29 2010
Comments: none