• West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800

The Invisible Threshold

The Invisible Threshold   January 10, 2013 Stocks are beginning the day higher, while Mortgage Backed Securities are off to a rough start.  Yesterday morning’s advice to lock, based upon technical signals, appears to have been on the money. A quick look at the chart shows how the 100-Day Moving Average (MA) has been a tough ceiling of resistance, and prices are backing off that level this morning.  On the news front, Initial Claims

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The Market Wrap Report

The Market Wrap Report given to you by Christian Penner Mortgage Broker West Palm Beach: CLOSING TECHNICAL SIGNAL: Any small rally was met with selling today in Mortgage Bonds. The dismal 10-yr note auction didn’t help things much and the risk off trade could continue tomorrow as Euro leaders, Germany – France – Greece, huddle for a conference call on the Greek debt woes. One bright spot was support at the

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Christian Penner , - - - - - North Palm Beach , FL 33408 United States
Phone: (561) 316-6800 Email: TheMortgageTeam@ChristianPenner.com
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