Market Snapshot 1-19-24- Your Hometown Lender
Good Friday AM from your Hometown Lender, I am going to lead with this note today… After reaching a post-pandemic high of 7.8% last fall, the average 30-year mortgage rate…
Market Snapshot 1-18-24- Not A Good Week
Good Thursday AM, This has not been a good week for bonds and rates. The limited data we have seen has for the most part been stronger than markets expected…
Market Snapshot 1-17-24- Bonds Are Taking A Beating
Good Wednesday AM and still the best day of the week, Bonds are taking a beating this am as the economic data came in hotter than expected. Retail sales jumped…
Market Snapshot 1-16-24- Not Much Happening
Good Tuesday AM, Not much happening this week. The lone data point today was the NY empire Manufacturing index which was dismal but also means very little. We do get…
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