MIG Market Watch June 8, 2015
Market Comment Mortgage bond prices finished the week sharply lower, which pushed mortgage interest rates higher. The Institute for Supply Management (ISM), a read on manufacturing strength, printed at 52.8. Analysts expected a reading of 51.9. That data was stronger than expected and not rate friendly. The ADP payroll report showed the economy added 201K … Continue reading MIG Market Watch June 8, 2015
