Mike Bjork's (mbjork) Blog

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Mortgage and Lending - Evolve Bank & Trust - NMLS #275652

ARCHIVED BLOG POSTS

2019 

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http://MikesDailyMarketReport.com: Because of the Gov't Shutdown, we're not receiving a full report of Economic Data, such as Retail Sales, which would have been released today.  However, the Home Builder's Index shows it's confidence rising in January from 56 to 58.  Later today, the Fed Beige B...
01/16/2019

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http://MikesDailyMarketReport.com: On today's Economic Calendar is Inflation news in the Wholesale Sector for the month of December. The Producer Price Index dropped 0.2%, while the Core PPI (excluding food & energy) dropped 0.1%. Manufacturing data from the NY region had a sharp decline, as the ...
01/15/2019

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:http://MikesDailyMarketReport.com: There are no economic news to report today. The Market is reacting to disapppointing Import/Export Data from China, which is re-hashing Investors' concerns over a Global Economic Slowdown. Also, Q4 Corporate Earnings Reports start off the week, which Citi Group...
01/14/2019

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http://MikesDailyMarketReport.com: Today, only the Consumer Price Index data was released on the Economic Calendar for the month of December. CPI dropped 0.1% from November, and it's YoY dropped from 2.2% to 1.9% due to the drop in Oil prices. The Core CPI (removing food and energy) rose 0.2%, wh...
01/11/2019

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http://MikesDailyMarketReport.com :Today on the economic news is the Initial Jobless Claims, which dropped 17k (from last week's numbers), from 233k to 216k. We're watching this data to determine if it's bottomed out, which could lead to our own economic slowdown (as most companies tend to layoff...
01/10/2019

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http://MikesDailyMarketReport.com: Nothing scheduled on the Economic Calendar today, but later this morning (11am PST) the FOMC Minutes will be released. Historically speaking, the MBS don't do well on the days of FOMC Minutes been released; so, be forewarned! Stocks are trading in Positive Terri...
01/09/2019

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http://MikesDailyMarketReport.com:  Provides a synopsis of the daily interest rates for mortgages and home loans and Interest Rate Trends.  You'll find insight on what is driving the interest rates for that particular day and some thoughts about short- term and long- term trends with the Interest...
01/08/2019

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http://MikesDailyMarketReport.com:  Provides a synopsis of the daily interest rates for mortgages and home loans and Interest Rate Trends.  You'll find insight on what is driving the interest rates for that particular day and some thoughts about short- term and long- term trends with the Interest...
01/07/2019

1 Comments
http://MikesDailyMarketReport.com:  Provides a synopsis of the daily interest rates for mortgages and home loans and Interest Rate Trends.  You'll find insight on what is driving the interest rates for that particular day and some thoughts about short- term and long- term trends with the Interest...
01/04/2019

1 Comments
http://MikesDailyMarketReport.com:  Provides a synopsis of the daily interest rates for mortgages and home loans and Interest Rate Trends.  You'll find insight on what is driving the interest rates for that particular day and some thoughts about short- term and long- term trends with the Interest...
01/03/2019
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