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    Both Fannie Mae and Freddie Mac HARP Refi Programs available now up to 150% loan to value with no PMI - call for details.
    Writealoan.com, Inc has been in business for twenty two years. Our consumer direct internet based system allows us to offer you one of the most cost effective and convenient ways to apply for a mortgage Today! We are a Local Lender submit your Quick Application with confidence.

    November 26, 2014

    Today's market Commentary


    Mortgage bonds are higher this morning adding to the gains from yesterday afternoon which is helping rates improve.

    Weekly jobless claims came in at 313K versus the expected 286K mark which was very rate friendly. Durable goods orders rose 0.4% versus the expected 0.6% increase. Personal income rose 0.2% versus the expected 0.4% increase. Spending rose 0.2% versus the expected 0.3% increase. All of these releases were very rate friendly.

    PCE core inflation rose 0.2% as expected which was rate neutral.

    Consumer sentiment came in at 88.8 expected 90.0. New home sales were 458K, expected 470K. All the data this morning was neutral or rate friendly.

    The market is closed Thursday and has a short trading day Friday with a 2pm et close. Friday brings the all-important monthly employment report.

    Event Calendar:
    Monday, Nov 24, 2014
    2-year Treasury Note Auction @ 1:15 pm et

    Tuesday, Nov 25, 2014
    Q3 GDP 2nd estimate @ 8:30 am ET

    Tuesday, Nov 25, 2014
    Consumer Confidence @ 10 am et

    Tuesday, Nov 25, 2014
    5-year Treasury Note Auction @ 1:15 pm et

    Wednesday, Nov 26, 2014
    Weekly Jobless Claims @ 8:30 am et

    Wednesday, Nov 26, 2014
    Durable Goods Orders @ 8:30 am et

    Wednesday, Nov 26, 2014
    Personal Income and Outlays @ 8:30 am et

    Wednesday, Nov 26, 2014
    PCE Core Inflation @ 8:30 am et

    Wednesday, Nov 26, 2014
    U of Michigan Consumer Sentiment @ 10 am et

    Wednesday, Nov 26, 2014
    New Home Sales @ 10am et

    Wednesday, Nov 26, 2014
    7-year Treasury Note Auction @ 1:15 PM ET

    Thursday, Nov 27, 2014
    Market Closed for Thanksgiving

    Friday, Nov 28, 2014
    Early close @ 2:00 pm ET

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