The four day streak of rising mortgage rates extended into Friday following a much better than Types of Mortgage Loans When Refinancing expected nonfarm payroll report. After reaching 4.50% on Monday, Denied A Mortgage Refinance mortgage rates rose 0.25% to .375% by Friday. The week ahead is fairly light in terms of economic data.The only data due out today is Good Home Mortgage Loan Quote Consumer Credit at 3pm eastern.  Essentially, the only market moving events on Tuesday  What Makes a Good Mortgage Broker and Wednesday will be auctions of more U.S. debt.  The Department of Treasury will auction $40 billion 3 year notes on Tuesday followed by $21 billion 10 year notes Effect of Federal Mortgage Disclosure Improvement  Act (MDIA) on Wednesday.   As always, demand for our nation’s debt will determine the success of the auction.   So far this year, despite record amount of issuances, demand for our nation’s debt has remained quite strong which is What Is FHA Loan? Who is eligible for FHA loan one of many factors that have attributed to mortgage rates remaining near record levels. This is expected to continue heading into year end.
Thursday brings us the weekly jobless claims and International Trade.   What is a Mortgage Modification Loan Jobless claims are expected to come in at 460,000 while our trade balance is expected to post a deficit of $36.4billion.  In addition, there will be an auction of $13 billion 30 year bonds. 
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