CHM Blog

Markets began the day generally unchanged. Crude oil overnight increased $4.00 but by the time US markets opened crude backed down to unchanged.

At 10 am March ISM services sector index expected at 54.7. It was reported at 55.

Last Thursday crude oil jumped $11.00, the highest in over a year, this morning starting slightly higher.

PRICES @ 10:00 AM

10 year note: 4.34% -1 bp

5 year note: 3.99% +1 bp

2 year note: 3.86% +3 bp

30 year bond: 4.90% -2 bp

30 year FNMA 5.5: @9:30 am 100.63 +6 bp (+3 bp from 9:30 am Friday)

30 year FNMA 6.0: @9:30 am 102.10 +7 bp (+6 bp from 9:30 am Friday)

30 year GNMA 5.5: @9:30 am 100.81 +7 bp (+7 bp from 9:30 am Friday)

Dollar/Yen: 159.47 -0.19 yen

Dollar/Euro: $1.1557 +$0.0036

Dollar Index: 99.86 -0.17

Gold: $4,696.30 +$16.60

Bitcoin: 69,313 +1977

Crude Oil: $112.58 +$1.04

DJIA: 46,546 +42

NASDAQ: 22,017 +138

S&P 500: 6695 +23

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.