Daily Market Report 10/25/21

By
Mortgage and Lending with Evolve Bank & Trust NMLS #275652

http://MikesDailyMarketReport.com:  There's no economic data today; however, the rest of this week is packed with important economic data to be released -most notably will be the PCE (Fed's favorite inflationary data information).  Stocks are Up this morning, as Investors are primarily reviewing the Q3 Earnings reports being released.  MBS is Up (+14bps) again today, as Mortgage Rates show some slight improvement today (from Friday's close).  Yields dipped down just below 1.63%.

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Comments (2)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Mike well sure we will have a interesting report later on this week.  Make it a great day!

 

Oct 25, 2021 09:20 AM
Mike Bjork

HI Will!  Definitely!  I think everybody will be interested  to see the inflationary data.

Oct 26, 2021 09:44 AM
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Big news for Tesla today with that Hertz order. Musk has now got a very comfortable lead over Bezos. I'm sure Musk will send out a tweet to get under his skin (again) later this week. 

Oct 25, 2021 02:12 PM
Mike Bjork

I love Elon Musk!  That would be very funny to watch!  Might have to grab some popcorn ;)

Oct 26, 2021 09:45 AM