Industry News
Mortgage Industry News
Import Prices Higher Than Expected
08/16/2011
Import Prices printed higher than expectations; housing starts and permits both posted month-over-month declines. Growth in Germany and the broader Euro region slowed in the second quarter; US stock futures are pointing lower. Currently, the 10yr yield is at 2.28% (2.26% yesterday) and the 2-10 yield spread is at 209bps, steepening 2bps since yesterday morning.





