Orlando Mortgage Blog

Stock Market Driven Rates

March 8th, 2011 11:47 AM by BILL WILBANKS


With little to nothing on the report side today before the $3 bln 3 year T-Note Auction to be announced at 1 PM, it's the stock market up 115 points so far this AM that appears to be having the most effect on the 10 yr bond which is -7/32 to a 3.54% level. The net effect on pricing sheets seems to be nothing more than "tweeking" the sheet. Looks like an 0.125% to 0.25% upward move on some rate levels at worst but the actual rate has not moved yet today.

Posted in:General
Posted by BILL WILBANKS on March 8th, 2011 11:47 AM


My Favorite Blogs:

Sites That Link to This Blog: