Mortgage News – Feb 10, 2017

Gallup reports its Economic Confidence Index hit a new high in January, reaching its highest monthly average in 9 years.

The labor market continues to show strength, with jobless claims hitting a 43-year low this week and a strong showing for non-farm payrolls last week.

Despite the strong economy, inflation is still lagging. As long as inflation remains low, there’s less pressure for rates to rise.

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