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Mortgage Rate Watch Video 01/14/10

14 January 2010

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      In this today’s news, we had Retail Sales and Initial Jobless Claims. Both of these reports should have been good for the the bond market, other news is affecting Mortgage Interest Rates today. Today’s Rate Watch Video tells you why.

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Mortgage Rate Watch 01/12/10

12 January 2010

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Check out how the market is doing today on Mortgage Interest Rates and what to expect today.

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Market Rate Watch

11 January 2010

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     Check out how the market is doing today on Mortgage Interest Rates and what to expect for today.

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Week of 01/11/10 MMG Week in Review

11 January 2010

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     The big news of last week was the Jobs Report. The adjusted November numbers showed that the market gained jobs while December’s unadjusted numbers showed we again lost numbers to the tune of 85,000, more than expected. This leaves the Unemployment Rate at 10.0%.      I urge you to read more about these numbers [...]

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Mortgage Rate Watch Video 01/07/10

7 January 2010

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    Check out what to expect from the bond market and mortgage interest rates in today’s Mortgage Rate Watch.

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Week of 12/14/09 MMG Week in Review

14 December 2009

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     If last week was a slow economic reporting week, this upcoming week will be one full of all sorts of economic releases.      Let’s do a quick re-cap of last week. The Treasury auction didn’t do well. There was too much supply of not only Treasury notes but Mortgage-Backed Securities being auctioned off. And [...]

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Treasury, Retail Sales, Jobs, Consumer Sentiment, & FOMC Meeting

12 December 2009

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       For a slow economic reporting week, this past week saw mortgage interest rates, though still low, start a slow upward climb. What is causing this to happen?       First was the Treasury auctions of 3-year, 10-year and then the 30-year notes. The longer term notes/bonds were not well received. The Treasury has been auctioning billions of [...]

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