Industry News
Mortgage Industry News
Durable Goods Orders Rise
03/24/2010
Durable Goods Orders rose again in February, marking 3 months of increases and assuring investors that the rebound in manufacturing will continue to drive the economic recovery. Right now, the futures market is pricing in a 84% chance that the Fed keeps rates at .25% through August 10th, 2010. Currently, the Ten Year yield is at 3.77% (3.67% yesterday) and the 2-10 yield spread is at 270bps, unchanged since yesterday morning.





