Daily Market Report 6/10/19

Mortgage and Lending with CMG Financial NMLS #275652/1820

http://MikesDailyMarketReport.com: Nothing to report on the Economic Calendar today. Stocks are Up this morning after it was announced over the weekend that the US and Mexico reached an agreement over the migration issue, so the US will not impose sanctions. Steven Mnuchin and PBC's Yi Gang had reportedly very candid and constructive talks while at the G20 meeting. Reports came out of China that their Exports rose slightly and their imports dropped sharply. MBS is Down 19bps, so Mortgage Rates rose slightly. Yields rose to 2.14%.

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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

It was a huge relief to the market that Mexico averted getting hit with tariffs as Trump had threatened. My question is: what did we get that we weren't getting already from Mexico?

Jun 10, 2019 02:23 PM #1
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