Mortgage Market Update 4/13/18

Rates inched higher Friday reflecting a decline in mortgage-backed securities on Thursday.  In today’s economic news, Consumer Sentiment fell to 97.8, below the consensus forecast for a reading of 100.5.  Separately, the Job Openings and Labor Turnover Survey (JOLTS) reported 6.05 million job openings in February, a bit below expectations.  No other key data will be released today.

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