Mortgage Rates improved slightly yesterday, but faded n the afternoon trading hours. With no economic news released yesterday trading levels defined the market movements. Today Jobless Claims and New Home Sales are the main economic drivers in the Bond Market. Reports should show the partial government shutdown cost the U.S. 120,000 jobs in October and trimmed .25 percentage points from the 4th quarter economic growth. Our Rally will be tested today, let’s see if we can maintain it….
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