May 1st, 2026 9:37 AM by Richard Sardella MLO.100007700/NMLS 233568
Yesterday crude oil price dropped $2.00, this morning down another $2.00 in early trading.
At 9:45 am April global PMI manufacturing index at 54.5 from 52.3 in March.
At 10 am April ISM manufacturing index expected at 53.0 from 52.7 in March, reported at 52.7.
The weekend has the possibility key news and actions in Iran.
PRICES @ 10:00 AM
10 year note: 4.40% +1 bp
5 year note: 4.04% +3 bp
2 year note: 3.90% +3 bp
30 year bond: 4.98% +1 bp
30 year FNMA 5.5: @9:30 am 100.56 +6 bp (-1 bp from 9:30 am yesterday)
30 year FNMA 6.0: @9:30 am 102.13 +4 bp (unch from 9:30 am yesterday)
30 year GNMA 5.5: @9:30 am 100.77 +6 bp (+3 bp from 9:30 am yesterday)
Dollar/Yen: 156.71 +0.09 yen
Dollar/Euro: $1.1746 +$0.0013
Dollar Index: 97.73 -0.12
Gold: $4,619.60 -$10.00
Bitcoin: 78,229 +1821
Crude Oil: $101.98 -$3.09
DJIA: 49,916 +264
NASDAQ: 25,150 +257
S&P 500: 7266 +57
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.