Mortgage bonds have been moving sideways today ahead of the FOMC announcement, and maintaining their weaker levels left over from yesterday. Mortgage interest rates are hitting recent highs. Housing starts data is in today and the numbers have fallen, right along with building permits; the drop in building permits resulted in the seasonal adjustment declining.
For more potential mortgage market movers, check back tomorrow for jobless claims and Philly business.
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Displaying rates for Mortgage Refinance in CA for $200,000
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