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News Flash: Mortgage bonds are moving higher this morning bouncing off their recent support yesterday. According to the Federal Housing Finance Agency, home prices rose 5.6% year - over - over ending in November. Our suggestions are to cautiously float yo
Mortgage bonds are trading near unchanged levels in advance to the upcoming Fed's Annual Economic Symposium in Jackson Hole, Wyoming. Stocks are rallying & the Dow Jones Industrial Average saw a triple digit loss yesterday. I'd watch the market closely &