http://MikesDailyMarketReport.com: Factory orders continued into June with positive results, as it increased by 6.2%. Stocks are lightly trading today in Positive Territory. Investors are watching Congress, as they negotiate a new Stimulus Bill. MBS is currently Up 8, but it has fluctuated higher (Up 13bps); so, most Lenders will have their rates remain Unchanged, but the more aggressive Lenders may have priced slightly better today. Yields have come back lower this morning, and currently sit just above 0.52%.
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