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Morning Market Update
Good morning all… MBS is currently up 16bp on the morning and hovering around the 1st level of support. As for today, there are no economic reports set to come out, so looks like what will be a quiet Monday. (Kind of like what Tim Tebow’s experiencing today…) 2 important days this week are Thursday (Jobless Claims) and Friday (Retail Sales). On Thursday we will also see the auction of the 3 and 10 year notes, as well as the 30 year bonds. Stay put and if anything changes, I’ll be back. Tags: austin, dallas, Houston, market update, mortgage, texas | Category: Mortgage Insights | |
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Tommy (NMLS #220122) is an active loan officer with AmCap Mortgage. You can also find Tommy on Twitter laying down the law in mortgages and other things that makes the wheels turn. |
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