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2012 

Mortgage markets were mostly unchanged last week for the second straight week. Spain made few moves to allay concerns from its investors, the Federal Reserve did little to change its message on the U.S. economy, and newly-released economic data was in-line with expectations. Conforming mortgage r...
04/29/2012
  Mortgage markets were mostly unchanged last week, breaking a three-week winning streak. Wall Street grappled with surprising demand on Spain’s debt issuance and a series of weaker-than-expected data points on U.S. housing. Conforming mortgage rates across Michigan rose slightly according to the...
04/22/2012
  Mortgage markets improved last week as a global flight-to-quality continued. With Spain facing questions on its sovereign debt, investors continued to pare exposure to risky assets, sparking demand for the relative safety of U.S. government-backed mortgage-backed bonds. As a result, conforming ...
04/15/2012
>In a week of up-and-down trading, mortgage markets improved for the second consecutive week last week. Weaker-than-expected jobs data plus evidence of a slumping Eurozone took mortgage bonds lower, capped by a furious Friday morning rally that dropped mortgage rates to near-record levels. Once a...
04/08/2012
Mortgage markets improved last week on renewed concerns of a European debt default, and Federal Reserve rhetoric. Conforming mortgage rates in Michigan dropped on the news, one week after posting a 5-month high. A major strike in Spain and growing unrest in Italy, both in opposition to recent aus...
04/01/2012
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