Market Snapshot 10/24/24 – Your Hometown Lender
Good Thursday AM from your Hometown Lender, A little data out today but it was not very helpful. Unemployment claims a little lower than expected, although continuing claims did jump…
Market Snapshot 10/23/24 – A Little Data Today
A little data today which showed existing home sales are at the lowest point since 2010… yes, 2010. The Bank of Canada dropped their lending rate by 50bps to 3.75%.…
Market Snapshot 10/22/24 – A Brutal Day
Good Tuesday AM from your Hometown Lender, Yesterday was a brutal day... And with no top tier economic data released today, we will wallow in yesterday’s pain. Rates jumped an…
Market Snapshot 10/21/24 – Getting Shellacked
Good Monday Morning from your Hometown Lender, Not much economic news to speak of today but bonds are nonetheless getting shellacked. The 10-yr is up to 4.18% and mortgage bonds…
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