http://MikesDailyMarketReport.com: There are no economic data to report today. Stocks are Up this morning on optimism on the progress of the coronavirus, as death tolls declined in Italy and Spain, and even a bit it NYC. MBS is Up 3bps, as the Fed is just propping them out to help, but not hurt Lenders. Yields are Up around 0.65%.
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It is always great to have the latest mortgage information for our customer's. Thanks for sharing I hope you have a great week ahead.
Mike Bjork
Redondo Beach, CA
You're welcome, Pat! Enjoy week as well!
There was plenty of optimism out today with Cuomo speculating that cases might be plateauing.
Mike Bjork
Redondo Beach, CA
I'm hearing a lot of good news coming along, which is very promising. My feeling is we'll have a V shaped recessionary period, which will quickly rebound -and probably come back even stronger!
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