rates: Lock or Float - 01/11/10 04:30 AM
Monday, January 11, 2010
Current Trend Direction: Sideways
Risks favor: Carefully Floating
Current Price of FNMA 4.5% Bond: $100.31, +22bp
Mortgage Bonds are trading higher so far this morning and have been pretty active.  There are no economic reports set for release today.
 
 
(0 comments)

rates: Lock or Float - 01/08/10 05:23 AM
Current Trend Direction: Sideways
Risks favor:  Carefully Floating
Current Price of FNMA 4.5% Bond: $100.16, +3bp
The numbers are in...85,000 jobs were lost in December, worse than the latest round of consensus estimates of 10,000 job losses expected, which was clearly a disappointment, as many experts were calling for some significant job gains.  The Unemployment Rate remained at 10.0%, inline with estimates.  Revisions to October and November's Reports were overall very slightly negative, but one highlight was that November's revisions pushed the number to a gain of 4,000 jobs, up from a previous reading of 11,000 jobs lost.  This is the … (0 comments)

 
Christopher Larson (Wintrust Mortgage)

Christopher Larson

Apple Valley, MN

More about me…

Wintrust Mortgage

Address: 10539 165th Street West, Suite 1, Lakeville, MN, 55044

Office: (651) 387-2514

Mobile: (651) 387-2514



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