Tag Archive | "PPI"
Morning Market Update - 8/20/2008: No news can cause rates volatility today
Good Morning, Yesterday’s affect on mortgage interest rates from the dramatic Producer Price Index (PPI) was lighter than expected thanks to the price drops commodities like oils and gas. This does not mean that inflation is gone by any stretch of the imagination, but it does prevent a massive panic to sell off bonds. [...]
Continue reading...Market Update - 8/19/2008 (part 2): Inflation haunts mortgage rates again
Tuesday, August 19, 2008
Good Afternoon, Hopefully you read this morning’s market update and took advantage of the mortgage interest rates because the 10-year bond has started to respond to the high inflationary numbers released at 8:30am. Here’s the inside Dripp… These are the final Producer Price Index (PPI) numbers from this morning: - Consensus (PPI – M/M change): 0.5% / Actual: 1.2% - [...]
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Wednesday, August 20, 2008
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