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MARKET COMMENTARY

A weekly look at where mortgage interest rates are headed.

Market Commentary

Over the past week, treasuries rallied, hitting a low of 1.847% largely due to the trade war with China intensifying and Fed Speak.

 Economic Calendar for the week of 08/5/2019 to 08/9/2019:

Monday: Markit US Composite PMI
Tuesday: JOLTS Job Openings
Wednesday: MBA Mortgage Applications
Thursday: Wholesale Trade Sales MoM
Friday: PPI Ex Food, Energy, Trade MoM

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