Maine Mortgage Market Update 11.04.2010

Mortgage bond prices remain stronger this morning erasing the losses from yesterday afternoon following the data this morning.

Preliminary Q3 productivity rose 1.9%, higher than the expected 1% increase.

Weekly jobless claims came in at 457k, higher than the expected 443k.

We still have the employment report looming tomorrow. There is more potential for wild market swings so be cautious.

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