CHM Blog

Daily Market Analysis December 27, 2021

December 27th, 2021 9:20 AM by Richard Sardella MLO.100007700/NMLS 233568


Daily Market Analysis

Interest rates started unchanged, stock indexes better.

This week markets in Limbo, no data of consequence and many not working. Media doesn’t have much to speak about other than daily counts of infections from omicron. Every year this week us always quiet.

This week no economic data, no scheduled appearances from politicians. The Build Back Better as presently proposed looks dead, Dems back to the drawing board to produce something that may be passed.

Travel is a mess; airlines don’t have workers to manage their schedules.

At 9:30 am ET the DJIA opened +91, NASDAQ +934, S&P +24. 10 yr. 1.48 -1 bp. FNMA 2.5 30 ye coupon at 9:30 am +5 bps from Thursday’s close and -2 bps from 9:30 am Thursday.

PRICES @ 10:00 AM

10 yr. note: 1.48% -1 bp

5 yr. note: 1.25% unch

2 Yr. note: 0.72% +3 bp

30 yr. bond: 1.89% -2 bp

Libor Rates: 1 mo. 0.101%; 3 mo. 0.149%; 6 mo. 0.343%; 1 yr. 0.567% (12/24/21)

30 yr. FNMA 3.0: @9:30 am 103.48 UNCH (-5 bp from 9:30 am Thursday)

30 yr. FNMA 2.5: @9:30 am 102.03 +5 bp (-2 bp from 9:30 am Thursday)

30 yr. GNMA 2.5: @9:30 am 102.52 +6 bp (+2 bp from 9:30 am Thursday)

Dollar/Yuan: $6.3720 +$0.0044

Dollar/Yen: 114.75 +0.35

Dollar/Euro: $1.1325 +0.0003

Dollar Index: 96.09 +0.06

Gold: $1810.70 -$1.00

Bitcoin: 51,650 +849

Crude Oil: 73.58 -$0.21

DJIA: 36,048 +98

NASDAQ: 15,761 +107

S&P 500: 4754 +29

About Richard Sardella

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.

About This Report And Disclosure Information

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.

Posted by Richard Sardella MLO.100007700/NMLS 233568 on December 27th, 2021 9:20 AM

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