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2017
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Pursuant to yesterday's blog about the Fed's favorite measure of inflation the Personal Consumption Expenditure, it was released today. October's increase was .2% over September and the year over year increase was 1.4% and vs. the previous year's 1.3%. One investment analyst who was handicappin...
11/30/2017
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Mortgage backed securities (MBS) closed down 16 basis points today at 102.53 having remained below all five moving averages. The 30 year was available at 4.00% today. The 30 year jumbo was at 4.125%. Whether in New England, the Mid Atlantic or the Midwest or anywhere else in the U.S. history te...
11/30/2017