Pretty Slow Week
Posted by Eric Skates on
The big event is FOMC minutes on Wednesday. Aside from that, tomorrow’s CPI could help if it surprises to the low as PPI did. We shrugged off today’s weak NY manufacturing number. A word of caution: we are not seeing a flight to quality from the fallout of the tragic events in Paris. In fact, we haven’t even held the overnight gains. That is not a great sign for rates. The main driver here is that it’s very unlikely that this event would sway the Fed. The risk off trade seems to be losing to the Fed on trade, at least for now...
Hang in there... Check back for updates!
|
Philip N. Mancuso, Chief Investment Officer Equity Prime Mortgage NMLS #21116 Connect with us #Equityprime |
|
#loans #equityprime #primedifference #mortgage #realestate #realtors #housing #home #lifehack #rates