ARCHIVED BLOG POSTS
Consumer Confidence:The Consumer Confidence report was released this morning. Expectations were for a reading of 125.0. However the actual reading came in at 135.7; significantly higher than expected. Last months reading was 121.5.Generally speaking; positive economic reports equal higher mortgag...
GDP Advance Q2 Report:Earlier today the GDP Advance Q2 report came out higher than expected. Investors were expecting a reading of 1.8% however the actual reading came in at 2.1%. Stronger than expected however it's still lower than the 3.1% gain in Q1 2019. Treasuries and Mortgage Backed Securit...