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November 13, 2018 Comments Off on MBS RECAP: Best Levels in More Than a Week Ahead of CPI Posted To: MBS Commentary CPI (the Consumer Price Index) has been the most relevant economic report on the horizon since the balmy NFP report from 2 weeks back.
His charts save more than a thousand. This – not CPI – is the measure the Fed uses to evaluate the 2% inflation target. Initial claims (Th). The best concurrent indicator for employment trends, but.
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Unfortunately, any time prior to last week, those "lowest levels" would have been the highest in more than 4 years. To make things simple , look at like this: rates didn’t move more than an eighth of a percentage point (.125) for most of March and early April (lenders typically divide rate sheet offerings in 1/8th increments).
FX recap: NZD stars in lacklustre trade ahead of US CPI. The DAX eased off its best levels in reaction to the latest soft eurozone data, while the euro showed only a modest negative reaction.
Mortgage rates today, April 8, 2019, plus lock recommendations View today’s mortgage interest rates and recent rate trends. Check rates today and lock in your rate. See rates from our weekly national survey of CDs, mortgages, home equity products, auto loans.No Doc Mortgage: What’s Available Now For that reason, scenarios like these are perfect for what has historically been known as a "no income verification mortgage." But, how do no-doc mortgages work? A no-doc mortgage loan is one where borrowers are not required by mortgage lenders to provide any income documentation to support their ability to repay the loan.
Eurozone data disappoints and UK CPI. more sharply than expected. Industrial production in the euro area fell 0.9% in December compared a smaller 0.4% decline expected and comes on the back of a.
MBS Week Ahead: Auctions and CPI Data Vote on Bonds Next Move. mortgage news daily. longer-term rates have been in a bit of a holding pattern after deciding not to smash through the highest levels in more than 4 years at the end of April.. Finding the Best Housing Market for Beach Living.
Just when you thought you’d seen the last of the healthcare bill drama, it comes roaring back. Well, at least it felt like a roar. In retrospect, a 4.5bp increase in 10yr yields 1 day after hitting.
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Last week. current level is a very good omen for the February jobs report. I suspect we will see even more jobs added this month than the 243,000 we gained in January. Story continues We got two.