MIG Market Watch May 2nd, 2016
Market Comment Mortgage bond prices finished the week higher which pushed rates lower. Most of the economic data was weaker than expected. New home sales were 511K. Analysts looked for sales of 520K. Q1 GDP rose 0.5% versus the expected 0.7% increase. Personal income rose 0.4% versus the expected 0.3% increase. Outlays rose 0.1%, expected … Continue reading MIG Market Watch May 2nd, 2016