Daily Market Report 2/11/20

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

http://MikesDailyMarketReport.com: The NFIB Small Business Index rose from 102.4 in December to 104.3 in January. This index is a guage to the confidence for Small Business owners. The JOLTS Job Openings dropped from 6.8 million in November to 6.4 million in December. Stocks are Up this morning, as Jerome talks before Congress (Day 1 of 2). Other Fed Members will be out speaking today, as well. MBS is currently Up 3bps, so there's No change to Mortgage Rates. Yields climbed up to 1.58%.

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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

Appreciate the update and insight. Thank you for sharing!

Feb 11, 2020 12:13 PM #3
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

The approval of the merger between T-Mobile & Sprint was huge news today. I wonder if that will affect prices at Verizon & AT&T.

Feb 11, 2020 12:43 PM #4
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Mike Bjork

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