Monday, January 27, 2020

Daily Market Report 1/27/20 New Homes Sales dropped in December to 694k, off from it's seasonally adjusted 697k in November.  Stocks are freefalling this morning over growing concerns of the coronavirus.  MBS is the benefactor, as it broke above it's ceiling on Friday, and is currently Up 11bps.  Mortgage Rates improved today.  Yields are also freefalling and are currently sitting around 1.61%.

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