Forecast for the Week 
- Weekly Initial Jobless Claims will be released Thursday.
- Friday brings the Consumer Sentiment Index.
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 in recent weeks. Home loan rates are still in attractive territory.
Chart: Fannie Mae 3.5% Mortgage Bond (Friday, February 3, 2017)
The Mortgage Market Guide View…
3 Free Marketing Photo Sites
Need a photo in a flash? Spruce up your website, PowerPoint presentations, marketing brochures and flyers without paying for a monthly stock image account. Snap up a few royalty-free images from these sites:
Freeimages hosts over 300,000 free images in a searchable database. The site also offers another 2.4 million premium images available through iStock for a fee. Simply check the license agreement for each photo before hitting the download button.
Picjumbo is a searchable database of photos that doesn’t require any attribution, unless there is a specific product shown (for example, an Apple iPad). You can also sign up to receive email updates when new free images are added.
Pixabay has more than 850,000 images in their public domain, free of copyright. You may opt to give image authors a donation for their work via PayPal, but this isn’t mandatory. Pixabay is also sponsored by Shutterstock, and premium images are noted.
It’s easier than ever to make your marketing materials and presentations look picture perfect, even on a budget!
Please feel free to pass these resources along to your team, clients and colleagues.
Source: Entrepreneur
Economic Calendar for the Week of February 6 – February 10
|
Date
|
ET
|
Economic Report
|
For
|
Estimate
|
Actual
|
Prior
|
Impact
|
| Thu. February 09 |
08:30
|
Jobless Claims (Initial) |
2/04
|
NA
|
246K
|
Moderate
|
|
| Fri. February 10 |
10:00
|
Consumer Sentiment Index (UoM) |
Feb
|
NA
|
98.5
|
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.
Mortgage Info By Michelle Wickett 