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Here is a list of high impact news being released in the near future: Consumer Confidence will be released Tuesday, Jobless claims and the Biege Book Thursday and Chicago PMI and Employment cost index on Friday.
A 35bp move usually represents a change in interest rates of .125% in either direction. Rates typically move up twice as fast as they move down.
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These are the views and opinions of Douglas Lenski, President of Wholesale Mortgage Services of Wisconsin. Douglas is a seasoned mortgage professional, and derives information from daily study of market trends, mortgage publications and other industry input.
Wholesale Mortgage Services locally serves Southeastern Wisconsin, including the communities of