Daily Market Report 4/27/16

http://MikesDailyMarketReport.com: Provides the mortgage interest rate trends and navigates through the current interest rates for home loans.  Mike Bjork provides this daily service by watching the interest rates in California by projecting his thoughts on the mortgage interest rates forecast.  By trade, Mike Bjork is a Sr. Mortgage Planner.


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UPDATE: Not much change in Fed Statement from March meeting.  Omitted "risk" from Global economic outlook; Data Dependent; Improvement in Jobs and Housing since March meeting.  Stock Market has some improvement and MBS hasn't changed much (up about 22 bps -about 10 bps higher since this report was done).