Daily Market Report 6/11/19

Mortgage and Lending with CMG Financial NMLS #275652/1820

http://MikesDailyMarketReport.com: NFIB Small Business, which measures the confidence among Small Businesses, rose from 103.5 in April to 105.0 in May. Producer Priced Index, which measures inflation on the Wholesale sector, rose 0.1% in May. However, it's YoY dropped from 2.2% to 1.8%, further illustrating that inflation is still fairly tame. Stocks are trading in Positive Territory this morning, as China plans a new Stimulus project aimed to re-build it's infracture within it's local municipalities and is issuing Bonds for this project. MBS are Up 3bps, so Mortgage Rates remain Unchanged from yesterday's pricing. Yields are now at 2.15%.

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Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

Always good to be in the loop. Thank you for sharing this with us!

Jun 11, 2019 11:37 AM #1
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's good that in spite of the tariffs business confidence is rising.

Jun 11, 2019 12:36 PM #2
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