• 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

It Only Takes a Minute – Fed

  Similar to the song by Tavares “It only takes a minute girl”, it only takes a minute Fed…to fall in price.  Bond prices were initially headed lower yesterday as the thought of the Fed ending Bond purchases was not to the Bond market’s liking.  The Stock market was also concerned about the Fed Minutes because of this key point – many Fed members think that QE should be ended sooner

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Bond Price Trends and Interest Rates

 Bond Price Trends and Interest Rates Stocks are modestly higher and Mortgage Bonds are struggling.  The President gave his State of the Union address last night and promoted policies that some in the Bond market are viewing as inflationary.  Specifically, a 20% + rise in the minimum wage, bringing it to a federally mandated $9 per hour.  The Bond market is always concerned with inflation, and inflation from wages is a

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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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