Industry News
Mortgage Industry News
Today’s Market Color
11/18/2010
Stronger than expected Philly Fed manufacturing data hurt MBS markets. News that an aid package for Ireland worth "10s of billions" of euros has rates higher and equities rallying. Initial and continuing claims printed as expected. Right now, the futures market is pricing in a 91% chance that the Fed keeps rates between 0% and 0.25% through March 15th, 2011. Currently, the Ten Year yield is at 2.947% (2.83% yesterday).





