US EditionImplications for Last Week’s Mortgage-Rate Related News - Integrated Mortgage Planners
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Implications for Last Week’s Mortgage-Rate Related News - Integrated Mortgage Planners
Last week contained noteworthy developments for anyone keeping an eye on mortgage rates. On Wednesday, we received the latest US Consumer Price Index (CPI) data for December. It showed that overall US inflation increased for the fourth consecutive month. But bond-market investors were obviously happy with the report because they pushed US Treasury yields lower in response. On Thursday, the Bank of Canada (BoC) announced that it would end its cur…
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