http://MikesDailyMarketReport.com: New Home Sales rose to 764k in annualized units from December to January. December's numbers were revised higher. Stocks are rebounding from the last 2 days of sell offs due to concerns over the coronavirus making it's way globally. MBS and Mortgage Rates remain Unchanged from yesterday's close. Yields are trying to work it's way back, but is up against it's new ceiling of resistance. It's currently sitting around 1.34%.
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