Daily Market Report 6/13/19

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Mortgage and Lending with CMG Financial NMLS #275652/1820

http://MikesDailyMarketReport.com: Initial Jobless Claims rose 3k from the previous week's numbers, going from 219k to 222k. However, the previous week's numbers were revised higher by 1k (218k to 219k). Stocks are trading in Positive Territory this morning. There was a more positive tone today, as President Trump indicated that there was no timetable on any further Tariffs with China, and a deal could happen. Oil is rising a bit this morning on news that a few tankers were attacked at the Gulf of Oman. Iran is suspected in these attacks, as there are growing tensions between US and Iran. MBS is only Up 2bps, so there's no change in Mortgage Rates today. Yields remain at 2.12%, as well.

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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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Ambassador
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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

Ended green today. Let's see if we can string two in a row tomorrow.

Jun 13, 2019 01:43 PM #1
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