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    Both Fannie Mae and Freddie Mac HARP Refi Programs available now up to 150% loan to value with no PMI - call for details.
    Writealoan.com, Inc has been in business for twenty four 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.

    April 25th, 2017

    Today's market Commentary

    MBS prices continued to slide lower this afternoon as stock remained strong. The DOW was up 258 points at 3:30pm et and closed up 232 points.

    There is no data Wednesday.

    Mortgage bond prices were lower again this morning which erased the small rebound we saw yesterday afternoon. Stock futures were sharply higher after strong gains yesterday. The DOW was up 200 points at pricing

    New Home Sales were 621K versus the expected 590K. Consumer confidence was 120.3 versus the expected 122.3. The FHFA House Price index rose 0.8%. Analysts looked for an increase of 0.2%.

    The 2 year Treasury auction was solid with a 2.85 bid to cover and 59% indirect bid. Unfortunately the stock gains overshadowed the auction and MBS prices suffered.

    Event Calendar:
    Tuesday, Apr 25, 2017
    FHFA House Price Index @ 10 am ET

    Tuesday, Apr 25, 2017
    New Home Sales @ 10 am ET

    Tuesday, Apr 25, 2017
    Consumer Confidence @ 10 am et

    Tuesday, Apr 25, 2017
    Treasury Auctions begin @ 1:15 pm ET

    Thursday, Apr 27, 2017
    Durable Goods Orders @ 8:30 am ET

    Thursday, Apr 27, 2017
    Weekly Jobless Claims @ 8:30 am ET

    Friday, Apr 28, 2017
    Q1 Advance GDP

    Friday, Apr 28, 2017
    Q1 Employment Cost Index @ 8:30 am ET

    Friday, Apr 28, 2017
    U of Michigan Consumer Sentiment @ 10 am ET

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