Monday, November 16, 2020

Daily Market Report 11/16/20

 http://MikesDailyMarketReport.com: There are no economic data to report today.  The main headline affecting the Markets is Moderna's announcement that their vaccine has 94.5% efficacy (higher than Pfizer's report last week).  Stocks are Up this morning on the news; however, a bit more moderate compared to last Monday's report, which settled down a bit throughout the remaining week.  MBS is Unchanged from Friday's close, so Mortgage Rates also remain Unchanged.  Yields have risen to just under 0.91%.

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Also, these videos are base on my views and not represented by any other entity, but my own.  I work as a Loan Officer, and if you'd like information on Mortgages, or how I can assist you, then either direct message me, or visit http://michaelb.swmcretail.com



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