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Chair Yellen submitted identical remarks to the Committee on Financial Services, U.S. House of Representatives, on February 15, 2017. Chairman Crapo, Ranking Member Brown, and other members of the Committee, I am pleased to present the Federal Reserve’s semiannual Monetary Policy Report to the Congress.

Treasury yields trade lower after Yellen testimony, 10-year sale. During her testimony on. though we’d argue this was mostly the result of the move after Yellen," wrote BMO Interest Rate.

Mortgage rates today, January 10, plus lock recommendations Mortgage Rates Hit New Lows Again Mortgage after bankruptcy: How soon can you buy a home? The ability to buy a home after your chapter 7 bankruptcy has been discharged depends on a number of factors. In some cases, it may actually be possible to do so almost immediately after chapter 7.fixed-rate mortgages hit new all-time lows for the third-straight week as the 30-year FRM submerged below 3.80% following declining long-term Treasury bond yields.The freddie mac survey.daily rate Lock Advisory – Bain | Mortgage – rate lock advisory. sunday, May 26th . This holiday-shortened week brings us the release of four relevant economic reports for the markets to digest in addition to a couple of potentially relevant Treasury auctions. None of the reports are considered to be key data though.

Read the live blog of Yellen’s testimony. "Gold futures accelerated lower and broke through $1,300 upon the release of Yellen’s testimony," which was interpreted as "hawkish" by the.

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Mortgage rates were higher today following new Fed Chair Yellen’s first scheduled testimony before the House Financial Services Committee. Most of the damage was done early in the day, which.

Mortgage Rates Moderately Lower After Yellen Testimony – Mortgage Rates Moderately Lower After Yellen Testimony.. Mortgage rates once again focused more on domestic issues today as Greece had not yet voted to approve its bailout by the time US.

 · On Wednesday, the Federal Reserve decided to keep interest rates unchanged and will end its balance sheet reduction in September, sending mortgage rates lower on Thursday.

Discount points averaged 0.50 percent for 30 and 15 year fixed rate mortgages and 0.40 percent for 5/1 adjustable rate mortgages. Lower mortgage rates may encourage first-time and moderate income home buyers to enter the market, although slim supplies of available homes and rising home prices have caused ongoing concerns about affordability in.

 · Treasury yields trade lower after Yellen testimony, 10-year sale. During her testimony on. though we’d argue this was mostly the result of the move after Yellen," wrote BMO Interest Rate.

Federal Reserve Chair Janet Yellen reiterated her case that a rate hike would be appropriate “relatively soon. to post moderate gains, supported by solid growth in real disposable income, upbeat.

After trending lower for most part of 2014, mortgage rates have started edging up. Janet Yellen’s first testimony to the Congress as the new Fed Chairperson was the trigger behind the mortgage backed securities (MBS) rout.

Janet Yellen released her prepared remarks and the bond market proceeded to rally. Yields dropped and so did mortgage rates. Later in the day she testified before Congress and provided additional commentary that helped maintain the rally into the afternoon.