• 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

Shocking Data Spooks the Markets January 30, 2013 – Bond Prices

    Shocking Data Spooks the Markets January 30, 2013 By: MBS Highway There is no video this morning.  Stock futures and Bond prices are both trading near unchanged levels after quite a bit of early volatility.   It’s been an exciting morning as a slew of economic data was released.  There were some surprises which caught the markets off guard, and both the Stock and Bond markets are trying to digest what the information

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Mortgage Rates Return To 2013 Lows

Mortgage rates improved moderately to begin the week, bringing most lenders back to levels not seen since January 2nd or before.  Following the Fiscal Cliff “mini-deal,” FOMC Minutes, and Employment Report two weeks ago, rates rose at to their highest levels since before the Fed announced it’s most recent buying program for MBS (the “mortgage-backed securities” that most directly influence rates) in mid September.  The Best-Execution rate for Conventional 30yr Fixed

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Market Recap – Week Ending Friday, October 05 2012: Mortgage Rates, MBS & The Unemployment Rate

Market Recap – Mortgage Rates, MBS & The Unemployment Rate An improving US economic outlook and increased optimism about Europe were unfavorable influences on mortgage rates this week. Fed purchases of mortgage-backed securities (MBS) under QE3 helped offset the losses, though. As a result, after several weeks of declines, mortgage rates ended the week just slightly higher. Friday’s Employment report was the big news this week. Against a consensus forecast of 120K,

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CLOSING TECHNICAL SIGNAL & MARKET WRAP

CLOSING TECHNICAL SIGNAL & MARKET WRAP by Christian Penner Mortgage Banker, Jupiter Florida CLOSING TECHNICAL SIGNAL: The problems in Europe are far from over and technicals take a backseat. We are Floating into the Fed announcement due Wednesday at 2:15pm ET. MARKET WRAP: The Bond markets hopped on the roller coaster today as news from Greece pushed and pulled at prices throughout the session. In addition, the lower China PMI and weaker

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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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