Mortgage Report: Week of Feb 13 - 17th

Posted on February 14, 2006 at 12.46 PM

Retail Sales, Manufacturing and Housing figures are to be released this week. Traders are looking for some news to work with and home loan rates may be volatile. For the past two weeks interest rates have been creeping up and if the news of the week is economically stong and positive, home loan rates will continue to increase. Remember, it will take some pretty dismal news for Bonds to improve and home loan rates to drop. Please email me with any questions you may have at smaasbach@manhattanmortgage.com.

-Steven

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