Lock Watch for the Week of 1/7/2019
By Rob Spinosa, SVP of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Lock Watch for the Week of 1/7/2019 Volatility-O-Meter:Shutdown persists and my guess is that equity market volatility will too. Bond auctions mid-week and Jerome Powell speaks on Thursday. Economicalendar (all times are Pacific):Mon, 1/7: Factory Orders and ISM Non-Mfg Index (7am).Tues, 1/8: International Trade (5:30am) and JOLTS (7am). 3-Yr Note Auction (10am).Weds, 1/9: 10-Yr Note Auction (10am).Thurs, 1/10: 30-Yr Bond Auction (10am).Fri, 1/11: CPI (5:30am). 10-Year Treasury History2.66% Market Open2.72% One Week Ago2.85% One Month Ago2.55% One Year Ago The Noble Eightfold Path of Buddhism Right View/UnderstandingSee things as they truly are without delusions or distortions, for all things change. Develop wisdom by knowing how things work, kno...