Mortgage bonds are in weaker territory today than they were on Friday, but haven't tanked so far. Watch for static or rising mortgage interest rates. This week will be quiet for economic reports, and Tuesday U.S. markets are closed in observance of Veteran's Day. For potential market movers, tune in Thursday for jobless claims, and Friday for retail sales and import prices. For housing market news, check back Wednesday for the mortgage market index.
Friday: October's jobs report data came back showing higher payrolls and a shrinking unemployment rate, and set off some bond market volatility. Mortgage interest rates fell.
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