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Daily Market Report 4/4/22

By
Mortgage and Lending with Evolve Bank & Trust NMLS #275652

http://MikesDailyMarketReport.com:  The only data on the Economic Calendar is the Factory Orders for February, which contracted by 0.5%.  However, we'll receive the FOMC Minutes on Wednesday, which can be a Market Mover.  Stocks are Up today on filings that Elon Musk took in a large share of Twitter.  Meanwhile, US and EU Countries plan to implement more sanctions against Russia for it's role in it's invasion of Ukraine.  MBS are moving (more-or-less) in a sideways pattern today, as it's Down 3bps from Friday's close.   The lack of movement has Mortgage Rates pretty much in Unchanged level from Friday's close.  Yields are settling into the 2.40% range.

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Also, these videos are base on my views and not represented by any other entity, but my own.  I work as a Loan Officer, and if you'd like information on Mortgages, or how I can assist you, then please direct message me.

 

Comments (2)

Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Happy Monday, thank for the information.  Have a great day and week.  Sell a house. Bill 

Apr 04, 2022 12:59 PM
Mike Bjork
Evolve Bank & Trust - Redondo Beach, CA

Thanks, Bill!  Have a great week ahead!

Apr 05, 2022 10:38 AM