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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 three 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.

    July 31, 2015

    Today's market Commentary
    10 am pricing is set

    Mortgage bond prices remain higher mid-morning Friday adding to the small gains seen Thursday afternoon. Rates are finding support from weak wage inflation data released at the open.

    The Employment Cost Index, an indication of wage inflation, rose 0.2% in Q2/2015. Expectations were for ECI to rise 0.6%. The Fed is laser focused on wage inflation and the large miss creates uncertainty over when the first rate hike will occur.

    The University of Michigan consumer sentiment report printed at 93.1 vs. the expected 94. That data was near expectations and had little effect on trade.

    With no more news or events on tap today traders will watch stocks. At the 10 am ET price point the Dow was down 40 points.

    Event Calendar:
    Monday, Jul 27, 2015
    Durable Goods Orders @ 8:30 am et

    Tuesday, Jul 28, 2015
    Consumer Confidence @ 10 am et

    Tuesday, Jul 28, 2015
    2-year Treasury Note Auction @ 1:15 pm et

    Wednesday, Jul 29, 2015
    Fed Meeting Adjourns @2:15pm et

    Wednesday, Jul 29, 2015
    5-year Treasury Note Auction @ 1:15 pm et

    Thursday, Jul 30, 2015
    Weekly Jobless Claims @ 8:30 am et

    Thursday, Jul 30, 2015
    Q2 Advance GDP @ 8:30 am et

    Thursday, Jul 30, 2015
    7-year Treasury Note Auction @ 1:15 pm et

    Friday, Jul 31, 2015
    Q2 Employment Cost Index @ 8:30 am et

    Friday, Jul 31, 2015
    U of Michigan Consumer Sentiment @ 10am et

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