• 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

Why 1515 is Critical to Mortgage Rates

  Stocks are lower and Bonds are recovering their losses from yesterday, as the markets are shrugging off a better than expected Initial Jobless Claims report.  The driver of today’s action was a worse than expected 4th quarter Eurozone GDP.  This lower number caused the Euro currency to move sharply lower against the Dollar.  Many parts of the world are attempting to intentionally devalue their currency as a means to spark

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CLOSING TECHNICAL SIGNAL & MARKET WRAP

CLOSING TECHNICAL SIGNAL: It is not a classic one, but the 3-day pattern is very close to a Bearish Evening Star, which is a major top reversal pattern formed by three candlesticks. The long Red Candle on the third day, being today, confirms the reversal pattern. MARKET WRAP: Investors sold Bonds today and took some profits after the big surge in prices this week.Markets don’t go straight up or straight down so

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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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