March 17th, 2026 9:09 AM by Richard Sardella MLO.100007700/NMLS 233568
Bonds and stock indexes improved yesterday, this morning more improvements. The FOMC meeting begins today. Total focus on Powel’s press conference at 2:30 pm ET tomorrow.
The data today, February pending home sales, expected +1.0% after declining 0.8% in January, as reported sales increased 1.8%.
Nice start this morning, last Friday the 10 year ended at 4.29%, this morning staring at 4.20%.
PRICES @ 10:00 AM
10 year note: 4.21% -1 bp
5 year note: 3.79% -2 bp
2 year note: 3.68% -1 bp
30 year bond: 4.86% -1 bp
30 year FNMA 5.0: @9:30 am 99.36 +18 bp (+18 bp from 9:30 am yesterday)
30 year FNMA 5.5: @9:30 am 100.97 +11 bp (+14 bp from 9:30 am yesterday)
30 year GNMA 5.0: @9:30 am 90.55 +15 bp (+7 bp from 9:30 am yesterday)
Dollar/Yen: 158.83 -0.22 yen
Dollar/Euro: $1.1538 +$0.0031
Dollar Index: 99.54 -0.17
Gold: $5,031.`0 +$28.90
Bitcoin: 73,755 -230
Crude Oil: $94.55 +$1.05
DJIA: 47,365 +419
NASDAQ: 22,537 +163
S&P 500: 6748 +48
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.