benicia mortgages: Rate Guard Mortgage Market Update Feb 16th
- 02/16/11 02:53 AM
A Wonderful Weds Morning to all, Morning Economic news: Building Permits down, Housing starts were up ( mainly to beat the changes in building codes), Industrial production came in under expectations. PPI (Producer Price Index measures inflation) was up. Have a great day! … (0 comments)
benicia mortgages: Rate Guard Mortgage Market Update Feb 10th
- 02/10/11 02:42 AM
A Terrific Thursday Morning to all, Morning Economic News: Both Initial and Continuing Jobless drop (weather could have an effect on initial claims), Wholesale Inventories beat expectations. The positive news will put pressure on bonds be careful! Tomorrow watch for the proposal to phase out Fannie & Freddie… Have a great day! … (0 comments)
benicia mortgages: Rate Guard Mortgage Market Update Jan 28th
- 01/28/11 02:52 AM
A Fabulous Friday Morning to all, Economic News: GDP annualized comes in under expectations but still shows growth, Personal Consumption beats expectations (consumer spending). Be careful and lock on rally’s. Have a great weekend! … (0 comments)
benicia mortgages: Rate Guard Mortgage Market Update Jan 27th
- 01/27/11 02:52 AM
A Terrific Thursday Morning to all, Economic New: Both Initial and Continuing Jobless claims were up, Durable goods orders were down . Be cautious.. we should see some improvement but the markets are very choppy. Have a great day! … (0 comments)
benicia mortgages: Rate Guard Mortgage Market Update Jan 26th
- 01/26/11 02:45 AM
A Wonderful Weds Morning to all, Economic News: New Homes Sales for the month up 17.5%, Fed Interest Rate Decision is due out later. The markets are choppy ahead of the Fed Interest Rate decision. Have Great Day … (0 comments)
benicia mortgages: Rate Guard Mortgage Market Update Jan 25th
- 01/25/11 03:00 AM
A Terrific Tuesday Morning to all, Economic news: Case Shiller home price year over year was down, Housing price index month over month flat, Consumer confidence beats expectations, Richmond Fed manufacturing was down from the last read. Trading is expected to be choppy again…. So far this morning we have tested the high and low of our current trading range. Have a great day! … (0 comments)
benicia mortgages: Rate Guard Mortgage Market Update Jan 24th
- 01/24/11 02:51 AM
A Fabulous Monday Morning to all, No domestic economic news today. The markets are focused on corporate earnings which have been positive for the most part. The positive corporate earnings will put pressure on bonds… Be careful and lock on rally’s. Have a great day! … (0 comments)
benicia mortgages: Rate Guard Mortgage Market Update Jan 21st
- 01/21/11 02:48 AM
A Fabulous Friday Morning to all, No economic news this morning the focus is on corporate earnings: GE posts very positive earnings, BOA took a larger than expected loss. Next week is a big economic news week but be very careful : We have had very positive economic news of late which has put downward pressure on bonds as investors seek profit’s from equities markets. Have a great weekend! … (0 comments)
benicia mortgages: Rate Guard Mortgage Market Update Jan 20th
- 01/20/11 02:51 AM
Morning Economic news: Both initial and continuing jobless claims better than expected, Existing home sales were up 12.3%, Leading Indicators up also for the month, Philly Fed Manufacturing survey was under expectations. Advice lock with all the positive economic news the market will be under pressure. Have a great day! … (0 comments)
benicia mortgages: Rate Guard Mortgage Market Update Jan 19th
- 01/19/11 02:47 AM
Economic News: Building Permits soar ( ahead of code changes), Housing Starts come in under expectations. W- St opens mixed with Goldman earnings.. Be very careful Have a great day! … (0 comments)
benicia mortgages: Rate Guard Mortgage Market Update Jan 18th
- 01/18/11 02:45 AM
Morning Economic News: NY State Manufacturing Index was up from Dec, NAHB (Builders) Housing Market Index was also up. Both positive reports will put pressure on the market. Advice is to lock! Have a great day! … (0 comments)
benicia mortgages: Rate Guard Mortgage Market Update Jan 14th
- 01/14/11 02:58 AM
Morning Economic News: Headline Retail Sales beats expectations, Retail Sales – Auto’s is under expectations (core number – auto sales), Industrial Production exceeds expectations by a good margin, Business Inventories comes in well under what was expected, CPI (consumer Price Index which is a measurement of inflation) also comes positive, Consumer Sentiment drops again. Advice we are at the top of our trading range grab the gains and lock. Have a great weekend! … (0 comments)
benicia mortgages: Mortgage Market Update Jan 12th
- 01/13/11 02:54 AM
Economic News: Continuing Jobless Claims drop sharply ( expect this to be revised up) Initial Jobless Claims rise again, Producer Price Index( measurement of inflation) both for the month and year come at expectations reflecting low inflation. FED speech later today addressing small business. Have a great day! … (1 comments)
benicia mortgages: Rate Guard Mortgage Market Update Jan 12th
- 01/12/11 02:53 AM
Morning Economic News: Import Price Index year over year beats expectations, Beige Book is due out later this morning ( hopefully with no surprises). We had a coupon rollover today but should have opened higher. Positive thoughts to stay above 98.60 today or we could see another correction. Have a great day! … (0 comments)
benicia mortgages: Rate Guard Mortgage Market Update Jan 11th
- 01/11/11 02:51 AM
Economic News: Wholesale Inventories come in under expectations, Consumer Optimism drops by another point. Japan offers to purchase Eurozone debt and corp earnings is the focus. Be very careful and lock on rally’s Have a great day! … (0 comments)
benicia mortgages: Rate Guard Mortgage Market Update Jan 10th
- 01/10/11 02:55 AM
No Domestic Economic news: Portugal and the Eurozone fears re-surface. It’s possible that Portugal might need a bailout. Advice is to lock on rally’s. Have a great day! … (0 comments)
benicia mortgages: Rate Guard Mortgage Market Update Dec 7th
- 01/07/11 03:50 AM
Friday’s Economic News: The Unemployment Rate drops to 9.4%, Non- Farm Payrolls come in under expectation. While the unemployment rate drops we still aren’t adding enough jobs, be cautious and grab the morning gains. Have a great weekend! … (0 comments)
benicia mortgages: Rate Guard Mortgage Market Update Dec 5th
- 01/05/11 03:11 AM
Economic News: ADP Payroll has positive gains ( private payroll) ISM Manufacturing shows growth. The positive news will put pressure on bonds. Have a great day! … (0 comments)
benicia mortgages: Rate Guard Mortgage Market Update Dec 4th
- 01/04/11 03:09 AM
Morning Economic News: Durable goods orders -0.3% ( Durable Goods Orders – transportation 3.6%), Factory Orders up 0.7%-0.1% FOMC Minutes will be released later today. Caution locking bias might be prudent before the FOMC minutes are released. Have a great day! … (0 comments)
My blog has daily updates with MBS (Mortgage Backed Securities) as this combined with current economic news is what drives interest rates.
Good economic news usually is bad for bonds = higher interest rates
Bad economic news is normally good for bonds= lower interest rates
The bond market and stock market are both active while the markets are open. Investors are either investing in Wall St or running to the safety of bonds depending on market emotion, and current economic news.
Economic news that affects both Wall St and MBS (bonds) are jobs reports, manufacturing data, GDP (Gross Domestic Product), housing starts, corporate earnings/ outlook, and inflation to name a few.
The higher bonds are = the lower interest rates are.
Interest Rates are not included in morning updates due to the factors that affect interest rates, credit scores, location, type of property, loan to value, loan amount, ect.
My blog also features changes coming to the Real Estate Market, lending guideline changes, and tips to help address current Real Estate issues.
Videos are either hosted via You Tube or at Mortgage Coach’s Utipu account.
Let’s make a difference in our world!
I hope you enjoy!
A Wonderful Weds Morning to all, Morning Economic news: Building Permits down, Housing starts were up ( mainly to beat the changes in building codes), Industrial production came in under expectations. PPI (Producer Price Index measures inflation) was up. Have a great day! … (0 comments)
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