Daily Market Report 4/17/19

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Mortgage and Lending with CMG Financial NMLS #275652/1820

http://MikesDailyMarketReport.com: Wholesale Inventories rose 0.2% in February. Later today, the Fed's Beige Book will be released. This will provide us with a more Micro view of our economy, broken down into regions. Stocks are trading in Mixed Territory based on Mixed Corporate Earnings Reports released today. Also, China reported it's Q1 economy maintained it's 6.4% YoY growth, same as it's Q4 results. MBS is Up 3bps, so Mortgage Rates remain Unchanged, as this whole week has been moving in side ways pattern. Yields have risen to 2.59%.

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Topic:
Mortgage / Finance
Location:
California Los Angeles County Redondo Beach
Groups:
South Bay Realtors
Tags:
interest rates
mortgages
home buying
home loans
refinance
interest rate trends

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