• 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 last week of February brings a full slate of economic news

In This Issue   Last Week in Review: More Fed chatter hit the wires about Quantitative Easing. Find out what happened. Forecast for the Week: The last week of February brings a full slate of economic news. View: Want your social media posts to be as effective as possible? Don’t miss important information below.     Last Week in Review   “You don’t know what you got until it’s gone.” Those lyrics from the band Chicago’s 1980’s

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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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Mortgage Rates Bounce Back To Begin The Week

Mortgage rates. regained a good amount of lost ground today as most lenders‘ rate sheets were in line with or better than last week’s rates.  The overall movement wasn’t enough to justify a shift back to 3.5% Best-Execution from the recently more prevalent 3.625%, but it’s a step in that direction.  The differences in rates would be more noticeable in terms of the closing COSTS or lender credit as opposed to the rates

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Mortgage Rates Start Stronger, Fade By End Of Day

Mortgage rates began the day much improved compared to Monday’s latest offerings, but the gains mostly evaporated by the end of the session.  The mortgage-backed-securities (MBS) that most directly affect rates, had been steadily improving since sustaining major damage from Friday through Monday morning.  Those improvements carried through to this morning’s rate sheet print times, but trading levels began to deteriorate shortly thereafter.  Stock prices and Treasury yields rose.  MBS fell (falling

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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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