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    Writealoan.com, Inc has been in business for twenty three years. Our consumer direct internet based system allows us to offer you one of the most cost effective and convenient ways to apply for a mortgage Today! We are a Local Lender submit your Quick Application with confidence.

    May 26, 2015

    Today's market Commentary

    Mortgage bond prices were near unchanged on the day which held mortgage interest rates in check.

    Durable goods orders fell 0.5% as expected which did not move the market initially but turned things positive early morning.

    The 10am et data was not rate friendly and erased some of the earlier gains. New home sales were 517K versus the expected 510K. Consumer confidence was 95.4 versus the expected 94.9.

    U.S. debt was slightly positive overnight as news out of the eurozone continued to show uncertainty. Greek debt sold off as there are doubts they can make their IMF payment the first week of June.

    We have a 2 Year Treasury note auction this afternoon with results around 1:15pm et.

    Event Calendar:
    Monday, May 25, 2015
    Bond market closed for Memorial Day

    Tuesday, May 26, 2015
    Durable Goods Orders @ 8:30 am et

    Tuesday, May 26, 2015
    New Home Sales @ 10 am et

    Tuesday, May 26, 2015
    Consumer Confidence 10 am EDT

    Tuesday, May 26, 2015
    2-year Treasury Note Auction @ 1:15 pm EDT

    Wednesday, May 27, 2015
    5-year Treasury Note Auction @ 1:15 EDT

    Thursday, May 28, 2015
    Weekly Jobless Claims @ 8:30 am et

    Thursday, May 28, 2015
    7-year Treasury Note Auction @ 1:15 pm EDT

    Friday, May 29, 2015
    Q1 GDP 2nd Estimate @ 8:30 am EDT

    Friday, May 29, 2015
    U of Michigan Consumer Sentiment @ 10:00 am ET

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