• 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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History Rhymes and a Chart to Share – Mortgage Bonds

History Rhymes and a Chart to Share Stocks are starting the day higher while Bonds are continuing to slide lower.  It’s a quiet news day, so technical signals are in the driver seat…and boy have they been accurate.  A look at the chart on Mortgage Bonds shows the high yesterday touching exactly on the ceiling of resistance at the 200-day Moving Average (MA).  They promptly headed much lower to end

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The Market Wrap Report by Christian Penner

The Market Wrap Report given to you by Christian Penner Mortgage Broker West Palm Beach: CLOSING TECHNICAL SIGNAL: The 3.5% fell below support day but quickly reversed course and finished with small gains setting a positive tone for Mortgage Bonds. But remember, volatility remains and sentiment can reverse on a dime. MARKET WRAP: Volatility returned to the markets today fueled by optimism in Equities and then a complete turnaround as the trading session wore

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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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