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Jesse Stroup

Mortgage housing update

Thursday, October 15, 2015 - Article by: Jesse Stroup - Geneva Financial - Message

Mortgage Bonds are modestly lower this morning after hotter than expected core consumer inflation, lower unemployment claims and mixed numbers from regional manufacturing.Stock prices are higher on the notion that the recent weak economic data could hold off any Fed interest rate hikes until early 2016.With Mortgage Bond prices at lofty levels and having not been able to make any successful moves higher, I will continue to recommend locking.Jesse Stroup California Mortgage Professional www.CaliforniaHomeLoanLender.comwww.JesseStroup.comNMLS# 6229

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