Forecast for the Week 
- On Wednesday, the Retail Sales report will share the spotlight with the Beige Book, the Federal Reserve survey results many consider an indicator to the Fed’s policy decisions.
- Also on Wednesday, look for the Producer Price Index, which measures inflation at the wholesale level. The Consumer Price Index will be released on Thursday.
- Thursday’s data also includes the usual weekly Initial Jobless Claims, plus regional manufacturing data from the Empire State Index and Philadelphia Fed Index.
- On Friday, the Consumer Sentiment Index closes out the week.
When you see these Bond prices moving higher, it means home loan rates are improving—and when they are moving lower, home loan rates are getting worse.
To go one step further—a red “candle” means that MBS worsened during the day, while a green “candle” means MBS improved during the day. Depending on how dramatic the changes are on any given day, this can cause rate changes throughout the day, as well as on the rate sheets we start with each morning.
As you can see in the chart below, Mortgage Bonds slipped after a short rally this week. Home loan rates remain in attractive territory.
Chart: Fannie Mae 3.5% Mortgage Bond (Friday October 9, 2015)
6 Public Speaking Tips for Perfect Pitches
A perfect pitch can close a sale or open a door. You can pitch to a group or one-on-one, in person or over the phone. What every pitch has in common is that personable and effective delivery requires public speaking skills. Here are six public speaking exercises to help you perfect any pitch:
Explain it to a kid. Find out if your pitch is too complex by explaining it to a child. Once you trim the jargon, buzzwords and fluff, you’ll be left with a powerful concept anyone can understand.
Make small talk. Warm people up with chat about the weather, current events, a story or a tasteful joke. Practice by regularly striking up conversations with complete strangers in the grocery aisle and elsewhere to help you get a feel for the nuances of small talk.
Write it out. Writing your pitch will help you visualize your points and also ensure you don’t miss any important ideas.
Perk up your posture. Proper posture, eye contact and normal breathing will amplify volume, diction and delivery, and help you make a better first impression. Keep your arms open and welcoming.
Switch it up. A rigid format will sound robotic. Try out different words and phrases. Enjoy the process, have fun with it and you’ll appear more natural.
Record yourself. Hearing or seeing yourself can help you identify areas for improvement or key points missed. Rerecord a few times to iron out any wrinkles.
Remember, a small percentage of every audience will refuse even the “perfect” pitch, so never take rejection personally. Practice these tips, and you’ll improve quickly!
Feel free to pass these helpful tips along to your team, clients and colleagues.
Source: Inc.
Economic Calendar for the Week of October 12 – October 16
|
Date
|
ET
|
Economic Report
|
For
|
Estimate
|
Actual
|
Prior
|
Impact
|
| Wed. October 14 |
08:30
|
Core Producer Price Index (PPI) |
Sep
|
NA
|
0.3%
|
Moderate
|
|
| Wed. October 14 |
08:30
|
Producer Price Index (PPI) |
Sep
|
NA
|
0.0%
|
Moderate
|
|
| Wed. October 14 |
08:30
|
Retail Sales |
Sep
|
NA
|
0.2%
|
HIGH
|
|
| Wed. October 14 |
08:30
|
Retail Sales ex-auto |
Sep
|
NA
|
0.1%
|
HIGH
|
|
| Wed. October 14 |
02:00
|
Beige Book |
Oct
|
NA
|
NA
|
Moderate
|
|
| Thu. October 15 |
08:30
|
Empire State Index |
Oct
|
NA
|
-14.7
|
Moderate
|
|
| Thu. October 15 |
08:30
|
Consumer Price Index (CPI) |
Sep
|
NA
|
-0.1%
|
HIGH
|
|
| Thu. October 15 |
08:30
|
Core Consumer Price Index (CPI) |
Sep
|
NA
|
0.1%
|
HIGH
|
|
| Thu. October 15 |
08:30
|
Jobless Claims (Initial) |
10/10
|
NA
|
263K
|
Moderate
|
|
| Thu. October 15 |
10:00
|
Philadelphia Fed Index |
Oct
|
NA
|
-6.0
|
HIGH
|
|
| Fri. October 16 |
10:00
|
Consumer Sentiment Index (UoM) |
Oct
|
NA
|
87.2
|
Moderate
|
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Mortgage Info By Michelle Wickett 