This Week In Mortgage News. Dana Bain Premiere Mortgage
By Dana Bain
(Premiere Mortgage Services Inc.)
http://www.bainmortgage.com/MortgageMarketWeekInReview Newsletter-November 24th, 2014 Provided by Dana Bain Dana BainPremiere Mortgage Services11 Malvern Hill RoadSterling, MA 01564Phone: (978) 422-2311Fax: (978) 422-2313www.BainMortgage.com Market Comment Mortgage bond prices finished the week higher, which pushed, rates a little lower. Rates were slightly positive the beginning of the week tied to the weaker than expected data. Industrial production fell 0.1% and capacity utilization printed at 78.9. Traders expected a 0.2% production increase and utilization at 79.3. Producer prices rose 0.2% in October and the core value, which excludes volatile food and energy costs, rose 0.4%. The core figure was higher than the expected 0.1% increase, which was not rate friendly. Week...
Comments
0