Daily Market Report 01/14/20

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

http://MikesDailyMarketReport.com: The NFIB Small Business Index dropped 2 points to 102.7 in December. On the inflation front, we have the Consumer Price Index, which rose only 0.2% in December, below it's 0.3% forecasts; and it's YoY rose from 2.1% to 2.3%. The Core CPI rose 0.1% in December and it's YoY remained Unchanged at 2.3%. Stocks are trading rather lightly this morning, as we begin the Q4 Corporate Earnings Reports. Today's releases were Mixed, as are the Indexes. MBS is Up 5bps, so Mortgage Rates remain Unchanged from yesterday's pricing. Yields have slid below the 50 DMA and sit around 1.82%.

Please subscribe to my Blog and YouTube Channel at MikesDailyMarketRpt

Check out and "Like" 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
805,003

Mike Bjork

Ask me a question
*
*
*
*
Spam prevention

Additional Information