Mortgage rates moved to their highest level in over a
month yesterday as economic data suggested the
economy is continuing to improve. Unless negative
economic news surfaces, economist predict the Fed
will announce their tapering plans on September 18th.
U.S. housing starts rebounded and consumer
confidence increased to a six-year high. Jobless claims
also declined yesterday to their lowest level in almost
six years. Consumer Sentiment and Housing Starts will
be released today.
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