market commentary for san mateo ca: This Week’s Market Commentary - 06/28/11 05:02 AM
This week brings us the release of four economic reports for the markets to digest, with three of them being considered important.
One of those three is one of the more important reports we see each month.
There is relevant data or events scheduled for each day except Thursday, so it will likely be another active week for mortgage rates.
May's Personal Income and Outlays data will be posted early this morning. This report gives us an indication of consumer ability to spend and current spending activity. They are important because consumer spending makes up two-thirds of the U.S. economy.
Analysts … (2 comments)

market commentary for san mateo ca: This Week’s Market Commentary in san mateo ca - 06/06/11 09:15 AM

 
This week is very light in terms of scheduled economic reports that are relevant to mortgage pricing.
There are also two Treasury auctions taking place that may influence mortgage rates, but we may see the stock markets drive bond trading and changes to mortgage pricing a good portion of the week.
There is no relevant data scheduled for release today or Tuesday. Fed Chairman Bernanke will speak at the International Monetary Conference in Atlanta this afternoon, but I don't believe we should consider this a highly important event.
There could be reference to the some of the current financial … (0 comments)

market commentary for san mateo ca: This Week’s Market Commentary - 05/23/11 06:25 AM

 
This week brings us the release of five important economic reports in addition to two Treasury auctions that may influence rates. Only two of the five reports are considered to be of fairly high importance to the bond market and mortgage pricing. The remaining reports are considered to be of moderate or low importance and will likely not heavily influence mortgage rates.
April's New Home Sales data will be released late Tuesday morning. This report gives us a measurement of housing sector strength and future mortgage credit demand. However, it is actually the least important release of the week … (0 comments)

 
John Balladares (Peoples Bank)

John Balladares

San Mateo, CA

More about me…

Peoples Bank

Address: 1300 S El Camino Real, Suite 300, San Mateo, CA, 94402

Office: 650(571) 562-6409

Mobile: (415) 806-2670

Email Me



Links

Archives

RSS 2.0 Feed for this blog