http://MikesDailyMarketReport.com: There are no economic data to report today. Today is pretty quiet in the Markets. Stocks are Up this morning. Janet Yellen, whom will become the new Treasury Secretary, will be speaking before Senate today to encourage them in supporting a larger Stimulus Package. Tomorrow will be the inauguration. MBS has little changed from last Friday (down just 3bps), so pricing for Mortgage Rates remain unchanged from Friday's close. Yields are trending sideways, between 1.09% and 1.10%.
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