Friday, May 17, 2019

Daily Market Report 5/17/19

http://MikesDailyMarketReport.com: Consumer Sentiment jumped up from 97.2 in April to 102.4 in May.  Leading Indicators are Up 0.2% in April.  Stocks are down on concerns that China won't come back to the negotiations based on all the previous events.  MBS is currently down 3bps, but it's not enough to have any movement with the Mortgage Rates, so Mortgage Rates remain Unchanged from yesterday.  Yields have come down to 2.40%.

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