Daily Market Report 8/28/19

Mortgage and Lending with Pinnacle Home Loan NMLS #275652/1820

http://MikesDailyMarketReport.com: Nothing to report from the Economic Calendar today. The Market's Sentiment seems to be shifted a bit more sour today, as it begain late yesterday. Stocks closed in Negative Territory yesterday (after starting the day in Positive Territory). Today, it is a bit mixed, as Investors continue to worry about the ever deepening Yield Curve Inversion, the long, drawn out trade negotiations between US and China, and a realistic "Hard" Brexit coming this fall, which they believe will deeply impact both European and UK's economy negatively. MBS is currently Up 3bps, so Mortgage Rates remain Unchanged from yesterday's pricing. Yields are currently sitting below it's Floor of Support at 1.47%.


Please subscribe to my Blog and YouTube Channel at MikesDailyMarketRpt

Check out my Facebook page for Real Estate Agents at FreeHelpForCARealEstateAgents


This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Mortgage / Finance
California Los Angeles County Redondo Beach
South Bay Realtors
interest rates
home buying
home loans
interest rate trends

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

Thank you for keeping us posted and in the loop. Best of luck!

Aug 28, 2019 09:07 AM #1
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Mike Bjork

Ask me a question
Spam prevention

Additional Information