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	<title>Texas Mortgage Corner &#187; us economy</title>
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	<description>FHA, VA, USDA, Refinance Tips and Mortgage Market Updates</description>
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		<title>Consumer Confidence Out at 10 EST</title>
		<link>http://therightmortgageguy.com/blog/consumer-confidence-report/</link>
		<comments>http://therightmortgageguy.com/blog/consumer-confidence-report/#comments</comments>
		<pubDate>Tue, 29 Dec 2009 14:37:35 +0000</pubDate>
		<dc:creator>Tommy</dc:creator>
				<category><![CDATA[Mortgage Insights]]></category>
		<category><![CDATA[Consumer Confidence]]></category>
		<category><![CDATA[stock market]]></category>
		<category><![CDATA[us economy]]></category>

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		<description><![CDATA[<p>Currently up around 9 bp, we have the Consumer Confidence report coming out here in the next 30 minutes.</p> <p>This report surveys consumers throughout the country on their attitudes of the present and future outlook of the US economy, as this is a pretty important influence on bond and stock markets.</p> <p>We are estimated to [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright" src="http://juniperjames.files.wordpress.com/2009/11/crazy_bargain_shoppers_new_york_city_2.jpg" alt="" width="204" height="199" />Currently up around 9 bp, we have the Consumer Confidence report coming out here in the next 30 minutes.</p>
<p>This report surveys consumers throughout the country on their attitudes of the present and future outlook of the US economy, <strong>as this is a pretty important influence on bond and stock markets</strong>.</p>
<p>We are estimated to come in at 53, higher than the previous 49.5.</p>
<p>The 5 Year Note Auction (<strong>$42B in MBS</strong>) will begin at 1 EST as well.</p>
<p>If the CC report comes out to the estimated value, you may expect <a href="http://www.therightmortgageguy.com">mortgage rates</a> to have an initial knee-jerk reaction and jump a tad higher, so be on the lookout.</p>
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