Ricky Khamis's Blog: Todays Mortgage Market Update - Ricky Khamis FHA/VA | Conventional | Jumbo Expert

BK0013635

Todays Mortgage Market Update - Ricky Khamis FHA/VA | Conventional | Jumbo Expert

FNMA 30-Year:

 

3.0 Coupon: Previous Close 100.578  Open 100.266  Change -0.313Rate Chart

3.5 Coupon: Previous Close 103.469  Open 103.250  Change -0.219

4.0 Coupon: Previous Close 105.469  Open 105.313  Change -0.156

Treasuries:

 

5 Year: Previous Close 100.719  Open 100.570  Change -0.148  Yield 0.882

10 Year: Previous Close 100.109  Open 99.734  Change -0.375  Yield 2.030

30 Year: Previous Close 99.781  Open 98.59  Change -0.922  Yield 3.184


Key Economic Data:

 

EUR/USD: Previous Close 1.3081  Open 1.3128  Change 0.0046

GBP/USD: Previous Close 1.5864  Open 1.5911 Change 0.0047

USD/JPY: Previous Close 80.700  Open 80.860  Change 0.1600

 

Gold: Previous Close 1659.50 Open 1656.900 Change -2.60

Oil: Previous Close 101.02 Open 101.24 Change 0.22

 


Key Economic News:

 

Mortgage market index: Actual 678.8, Last 695.7. Change: Actual -2.4, Last 4.8%.

Refinance index: Actual 3467.3, Last 3576.8. Change: Actual -3.1%, Last 4.0%.

Purchase index: Actual 203.3, Last 204.4. Change: Actual -0.5%, Last 7.2%.

30-yr Rate: Actual 4.10%, Last 4.16%.

 

Export prices for Mar: Actual 0.8%, Consensus 0.4%, Last 0.4%.

Import prices for Mar: Actual 1.3%, Consensus 0.8%, last 0.4%.

 

10:00 10-yr Treasury auction.

 

11:00 Federal Budget for Mar: Consensus -196.0b, Last 232.0b.

 

 

Advice:

 

With MBS pricing opening lower even with the roll. And the 10-yr Tsy auction. We might see some weakness thru the day unless we get a good response on the auction.

 

 

My position on MBS stays neutral (Considering going short).

 

 

Mortgage Qualification

Direct: 480-559-9609

 

Or Online at www.ApprovingAZ.com

seo by my Team Technology Expert Geoffrey Manes

 

 

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Ricky Khamis
NMLS 173141 | LO-0911814 | CA-DOC173141
Branch Manager | Corporate Office
Arizona and California CE Instructor

Email: Ricky@approvingaz.com

480-344-1900 office
602-758-7425 mobile
480-907-1451 fax

AMERIFIRST FINANCIAL, INC.
NMLS 145368 

1550 E. McKellips Rd, Suite 117
Mesa, AZ 85203
480-344-1900
1-866-276-12974
BK0013635

 

 

 

Amerifirst Financial Disclosure-  The opinions expressed here are the personal opinions of Ricky Khamis.  Content published here is not read or approved by Amerifirst Financial before it is posted and does not necessarily  represent the views and opinions of Amerifirst Financial.

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