Mortgage Secrets…Learn What the Experts Say

While Initial Jobless Claims came in at the expected number Capacity Utilization, Industrial Production and the Manufacturing Index all reported lower than expected numbers this morning.  This news is what has caused money to flow into the bond market. Another factor helping today is that March Net Foreign Purchases of US securities and bonds far exceeded expectations with a $80.4 Billion reading.  The street had expected a number closer to $62.5 Billion so this reading of strong foreign demand for our Bonds has given prices an added boost today.