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Friday, January 24, 2020
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Desmond Elder
Mortgage Advisor
CA Bureau of Real Estate #01350508
NMLS# 29360

 

Supervising Broker Pacific Bay Lending
CA Bureau of Real Estate #01874818
NMLS #318011

 

711 Grand Avenue, Suite 265
San Rafael, CA 94901
530.582.4238

 

Desmond@PacBayLend.com

 

tahoe truckee sacramento mortgage loan

 

www.NMLSconsumeraccess.org

 

Desmond Elder
Mortgage Advisor
CA Bureau of Real Estate #01350508
NMLS# 29360

 

Supervising Broker Pacific Bay Lending
CA Bureau of Real Estate #01874818
NMLS #318011

 

711 Grand Avenue, Suite 265
San Rafael, CA 94901
530.582.4238

 

Desmond@PacBayLend.com

 

tahoe truckee sacramento mortgage loan

 

www.NMLSconsumeraccess.org

   

Market Commentary

 
Updated on January 24, 2020 10:21:25 AM EST

Today has nothing scheduled that is relevant to mortgage rates. There is no reason to believe that we will see an intraday revision to rates unless the major stock indexes make a big move lower. In other words, don’t be surprised to see a fairly quiet end of the week for bonds and mortgage pricing.

Next week is much busier than this week was though. It has something for us to watch every day, starting with a minor housing report Monday morning. The scheduled events range from low importance to highly important. We will get housing, manufacturing and consumer spending data along with the initial GDP reading for the 4th quarter, a couple of Treasury auctions and a FOMC meeting. Look for details on all of next week’s calendar in Sunday evening’s weekly preview.

 ©Mortgage Commentary 2020

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