April 17th, 2026 9:55 AM by Richard Sardella MLO.100007700/NMLS 233568
Markets that are impacted by the US/Iran conflict started stronger today, crude oil price lower, rates better, stock indexes boosted. A 10 day cease fire between Israel and Lebanon is helping support the view the end maybe near.
At 9:30 am the DJIA opened +637, NASDAQ +212, S&P +51, 10 year at 9:30 am 4.25% -7 bp. FNMA 5.5 30 year coupon at 9:30 am +15 bps from yesterday’s close and +10 bps from 9:30 am yesterday.
The only issue today, how markets will trade with the assumption a deal with Iran is very close.
PRICES @ 10:00 AM
10 year note: 4.25% -7 bp
5 year note: 3.85% -7 bp
2 year note: 3.72% -6 bp
30 year bond: 4.89% -4 bp
30 year FNMA 5.5: @9:30 am 101.12 +15 bp (+10 bp from 9:30 am yesterday)
30 year FNMA 6.0: @9:30 am 102.40 +10 bp (+2 bp from 9:30 am yesterday)
30 year GNMA 5.5: @9:30 am 101.01 +11 bp (-1 bp from 9:30 am yesterday)
Dollar/Yen: 158.17 -0.99 yen
Dollar/Euro: $1.1839 +$0.0055
Dollar Index: 97.74 -0.48
Gold: $4,885.90 +$77.60
Bitcoin: 76,909 +1532
Crude Oil: $83.78 -$10.91
DJIA: 49,391 +742
NASDAQ: 24,353 +250
S&P 500: 7104 +63
Richard Sardella has been actively managing and providing services in the mortgage industry for over 30 years. Richard serves on the board of directors as President of Colorado Home Mortgages Inc.
All information furnished has been forwarded to you and is provided by thetbwsgroup only for informational purposes. Forecasting shall be considered as events which may be expected but not guaranteed. Neither the forwarding party and/or company nor thetbwsgroup assume any responsibility to any person who relies on information or forecasting contained in this report and disclaims all liability in respect to decisions or actions, or lack thereof based on any or all of the contents of this report.
MLO of record MLO.100007700 / NMLS#233568 / CHM NMLS#127716.