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Mortgage Prices Near New Lows In spite of Shifting Up Today

Posted To: Mortgage Level Watch

Mortgage rates dropped sharply yesterday after owning risen to the maximum amounts in 2 months the working day in advance of. Yesterday’s culprit was trade war relevant, but these days experienced a extra robust calendar of most likely sector shifting info. So did the info finish up shifting the sector? If the title did not give it away, let us make it clear: no! This sector is at the whim of trade-relevant headlines 1st and foremost. In modern case in point a information story basically pushed again on the conclusions implied by yesterday’s trade-relevant headlines. Particularly, yesterday’s information remaining markets with the impression that a US/China trade deal could be delayed for extra than a calendar year even though modern headlines explained ‘nah, it really is not that lousy, and in simple fact, it really is truly quite very good.’ With that, the underlying bond sector misplaced ground, thus pushing…(examine extra)

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