Mortgages

ICI reported $704 million of inflows, a $1.1 billion drop from the week prior, bringing the total to $76 billion year to date.

Mayors are urging Congress to preserve major housing support in the reconciliation bill.

In both states, jobs have recovered past where they were prior to last March when the pandemic hit the U.S.

The rating agency elevated the agency's energy housing and economic recovery bonds to Aa3.

Better-than-expected job gains, a rising UST complex and an increase in supply to test municipals' resolve.

With all eyes on Friday’s employment report, since several additional strong months of gains are needed for the Federal Reserve to be comfortable announcing a tapering of its asset purchases, Wednesday’s news could signal trouble.

With municipal yields at exceedingly low absolute levels, the spread tightening between credits also continues.

Negotiated deals were repriced to lower yields while competitive deals saw levels coming in through triple-A benchmarks. High-grade benchmarks were little changed.

Florida’s unemployment rate rose 0.1% to 5.0% in June while gaining more than 69,300 jobs, as active job seekers look to rejoin the workforce.

The city, which Moody's downgraded last week, is appealing a Nassau County judge's ruling that has it on the hook for $131 million over a dispute with a developer.