• 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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Will Fed Minutes cause another 40 BP Drop?

  Mortgage Bonds are starting the day a bit lower, while Stocks are near unchanged levels.  Yesterday, Stock prices did manage to close at their highest levels in five years with both the S&P 500 and the DOW getting closer and closer to their all-time highs.  Back on January 11th with the S&P 500 within 100 points of its all-time high, I wrote to you saying “I have seen this movie

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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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