Mortgage Update January 17 2018

“Mortgage Bonds begin the day lower as volatility is back in full swing. Stocks are higher once again on strong corporate earnings along with upgrades to IBM and Citigroup. In housing news, the NAHB Housing Market Index for January remained at frothy levels. I am recommending carefully floating, but be aware that sentiment can quickly reverse. If anything changes, I will get back to you.”

Posted in Uncategorized.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>