Daily Market Report 9/16/19

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

http://MikesDailyMarketReport.com: The Empire State Index, which measures Manufacturing data in the NY region, dropped from 4.8 in August to 2.0 in September. Manufacturing has been suffering a bit of late, and it's something that we're watching, as more and more talk about recession becomes more apparent. The drone attack on Saudi Oil Processing Center has dropped the Stock Market into Negative Territory, as the money has flown to safety by investing into Bonds/MBS, which MBS is Up 25bps. Yields have come down to 1.85%.

Please subscribe to my Blog and YouTube Channel at MikesDailyMarketRpt

Check out my Facebook page for Real Estate Agents at FreeHelpForCARealEstateAgents

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
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

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

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

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

Rainmaker
782,099

Mike Bjork

Ask me a question
*
*
*
*
Spam prevention

Additional Information