MortgageMag Interest Rate Commentary
Jobless Claims Down, Economy Picks Up - Housing Drags Yields
Jobless Claims Drop
First-time Jobless Claims fell last week, contrary to what most analysts had expected. It was the lowest reading for initial claims in four months. The four-week moving averag...
Durables Decline, Yields Down
Durable Goods Orders Fall
Wednesday's report on Durable Goods Orders was expected to show a decline of about 3.5% in August, but the results were even lower - a 4.9% drop in durable goods orders ov...
Plenty of Data Due
Tuesday
Consumer Confidence and Existing Home Slaes are due at 10:00 Eastern.
Wednesday
Durable Goods Orders are due out at 8:30 Eastern.
Thursday
Weekly Jobless Claims are due out at their usual 8...
10-year Treasury Up Seventeen Basis Points
During the heavy economic news week of September 17, the 10-year Treasury yield jumped seventeen basis points, ending the week at 4.63%.
MondayNew York manufacturing missed estimates. 10TSY close:...