Monday, March 18, 2019

Daily Market Report 3/18/19 Home Builders Index, which gauges the confidence level with Home Builders, remained Unchanged from previous month in March.  Stocks are trading in Positive Territory this morning, as Investors keep an eye on the Main Headlines over the past week: Federal Authorities investigating the Boeing 737 Max planes; reports have US/China Summit possibly being bumped to June now; and the FOMC will begin it's 2 day meeting tomorrow, as Fed Chief Powell gives his announcement on Wednesday.  MBS is currently down 3bps, so Mortgage Rate remain Unchanged from Friday's pricing.  Yields have climbed Up to 2.60%.

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