UKRAINE AND CHINA

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Tensions in Ukraine flared up again this week, causing investors to shift assets from stocks to the relative safety of bonds. Weaker than expected economic data in China also...

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SLOWER ECONOMIC GROWTH

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Bad news for stocks was good news for bonds again this week. Weaker than expected economic data hurt stocks and helped mortgage rates improve to the best levels since...

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CHINESE MANUFACTURING SLOWS

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The driving force for mortgage rates this week came from an unexpected source. Chinese manufacturing data fell short of expectations, causing sharp losses in global stock markets. Investors shifted...

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INFLATION REMAINS TAME

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Mortgage rates began the week with downward momentum following last Friday’s big miss on the Employment report. That, combined with low inflation, more than offset this week’s slightly stronger...

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JOB GAINS FALL SHORT

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Investors were focused on the strength of the labor market this week.  A strong reading for job gains in Wednesday’s ADP report caused mortgage rates to move a little...

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Improving Economic Activity

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The economic data released this week reflected continued improvement in the economy, but there was little market reaction. While some volatility was seen during the final days of 2013,...

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QUIET HOLIDAY WEEK

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The mortgage market was quiet during Christmas Week.  The few economic reports released this week, including Durable Orders, Jobless Claims, and New Home Sales, were mostly stronger than expected....

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FED ANNOUNCES TAPER….

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Heading into Wednesday’s highly anticipated Fed meeting, investors were divided about what the Fed statement would reveal. The Fed announced that it will begin to scale back its bond...

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FED MAY TAPER SOON …

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Stronger than expected economic data and progress on a budget deal in Congress caused investors to move forward their expected timing for the Fed to begin to scale back...

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DECORATING YOUR HOME FOR THE HOLIDAYS !!

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Decorating Your Home for the Holidays Each year, when the holidays roll around, it’s an exciting time for creating a beautifully decorated space. There’s no need to spend a...

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