Lock Watch for the Week of 4/1/2019
By Rob Spinosa, Mortgage Loan Originator, Marin County
(US Bank)
Lock Watch for the Week of 4/1/2019 Volatility-O-Meter:Full slate of reports this week, capped by employment numbers on Friday. But the bond market may be poised for a correction and higher rates this week. Stay on your toes. Economicalendar (all times are Pacific):Mon, 4/1: Retail Sales (5:30am), PMI Mfg Index (6:45am), Business Inventories, ISM Mfg Index, Construction Spending (7am).Tues, 4/2: Durable Goods Orders (5:30am).Weds, 4/3: ADP Employment (5:15am), ISM Non-Mfg (7am).Thurs, 4/4: Jobless Claims (5:30am). Fed Balance Sheet (1:30pm).Fri, 4/5: Employment Situation (5:30am). 10-Year Treasury History2.49% Market Open2.43% One Week Ago2.76% One Month Ago2.73% One Year Ago(Need a rate quote for your specific scenario? Click anywhere on this li...
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