Industry News
Mortgage Industry News
Mortgage Market News
03/10/2011
Market is quiet this morning, showing little reaction to increased jobless claims and a wider than expected trade deficit. Right now, the futures market is pricing in about an 82% chance that the Fed keeps rates between 0% and 0.25% through April 27th, 2011. Currently, the Ten Year yield is at 3.45% (3.52% yesterday) and the 2-10 yield spread is at 277bps, tightening 6bps since yesterday morning.
