Forecast for the Week
- Weekly Initial Jobless Claims will be reported on Thursday.
- The Consumer Sentiment Index will be released on Friday.
When you see these Bond prices moving higher, it means home loan rates are improving. When Bond prices 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 have stabilized recently, keeping home loan rates near historic lows.
The Mortgage Market Guide View…
Stay Sharp With LinkedIn Learning
LinkedIn recently announced a new skill-building platform for its users: LinkedIn Learning. The new service aims to help users identify skills they need to stay on top of or help enhance teams while saving time and money on trainers. Here’s how it works:
Access to over 9,000 courses. From technical and creative topics like list management and effective writing to “soft skills” like leadership, sales techniques, presenting and networking, you’ll find just the right course to suit your growing career.
Data-driven personalization based on your user profile, LinkedIn activity, previous coursework and trends helps keep you on track going from where you’ve been to where you want to be. If you’re not sure what you need, LinkedIn can help you discover courses most relevant to your career goals.
For team leaders and organizations LinkedIn’s integrated course management system helps you customize a learning path to grow skills within your team without costing you more time on training and developing courses yourself. Plus, you can measure the effectiveness of each course for each team member.
25+ new courses are added each week, so you can stay on the path to learning and leverage talents even further. Non-English speakers can also enjoy courses in German, Spanish, Japanese and French.
To learn more, head over to LinkedIn Learning and explore the system.
Full-access is free to try for one month. After that, memberships begin at $24.99 per month for individuals. Organizations can contact LinkedIn for special pricing on training five or more people.
Please feel free to pass these helpful tips along to your team, clients and colleagues.
Source: LinkedIn
Economic Calendar for the Week of November 07 – November 11
Date
|
ET
|
Economic Report
|
For
|
Estimate
|
Actual
|
Prior
|
Impact
|
Thu. November 10 |
08:30
|
Jobless Claims (Initial) |
11/05
|
NA
|
NA
|
Moderate
|
|
Fri. November 11 |
10:00
|
Consumer Sentiment Index (UoM) |
Nov
|
NA
|
87.2
|
Moderate
|
The material contained in this newsletter is provided by a third party to real estate, financial services and other professionals only for their use and the use of their clients. The material provided is for informational and educational purposes only and should not be construed as investment and/or mortgage advice. Although the material is deemed to be accurate and reliable, we do not make any representations as to its accuracy or completeness and as a result, there is no guarantee it is without errors.
Mortgage Market Guide, LLC is the copyright owner or licensee of the content and/or information in this email, unless otherwise indicated. Mortgage Market Guide, LLC does not grant to you a license to any content, features or materials in this email. You may not distribute, download, or save a copy of any of the content or screens except as otherwise provided in our Terms and Conditions of Membership, for any purpose. The material contained in this newsletter is provided by a third party to real estate, financial services and other professionals only for their use and the use of their clients. The material provided is for informational and educational purposes only and should not be construed as investment and/or mortgage advice. Although the material is deemed to be accurate and reliable, we do not make any representations as to its accuracy or completeness and as a result, there is no guarantee it is without errors.