The end of the Ian cease-fire has not been good for Mortgage rates, but today’s 10-year treasury note auction drew strong demand earning an “A” rating. Yield is holding at 4.57%, down from the days high of 4.60%.
Mortgage bonds ended with solid gains while the 10 year treasury yield fell to 4.39%. Economic data due tomorrow includes core PCE, GDP, and weekly jobless claims.
Can you buy a home with a non-spouse using a VA loan? The answer is Yes, in certain circumstances. Click here to read the full article: https://t.co/mdlXifNj0U
Wall Street’s historic weekly run has ended, with stocks and bond prices falling after a solid jobs report added to speculation that the Fed’s next interest rate move will be a hike… 😳
After a rough day yesterday, Mortgage bond prices are modestly higher, while the 10 year yield holds at 4.41%. Stocks are also higher. WTI oil is down 3.87% to $102.32/bbl
Mortgage bonds ended the day with slight gains after being down early, with the 10 year yield at 4.30%. Tomorrow is good Friday so there is a shorten day in the bond market.