Monday Morning Cup of Coffee: Is housing strong enough to weather rate hikes?

Monday Morning Cup of Coffee: Is housing strong enough to weather rate hikes?

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Investments / The Ticker

Jobless claims push MBS down

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Stronger than expected jobless claims data pushed mortgage-backed securities lower than expected. 

Jobless claims dropped 332,000 below the consensus of 350,000. The continued claims declined to the lowest level since the middle of 2008.

 

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