Daily Market Report 1/13/20

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

http://MikesDailyMarketReport.com: There are no economic data to report this morning, as it's a relatively quiet news day. Stocks are Up this morning on anticipation of the US and China Phase One Trade Agreement due to be signed this week, most likely on Wednesday. MBS is currently Down 8bps and are facing a possible Negative Stochastic Crossover, which could halt it's currently upward trend. Mortgage Rates at the moment remain Unchanged. Currently, Yields have climbed their way above the 50 DMA and sit around 1.85%.

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

Thank you for keeping us posted and up to date. Best of luck!

Jan 13, 2020 09:07 AM #1
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Rainmaker
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Mike Bjork

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