December 10, 2018

NDM News

This morning Nations Direct Mortgage launched our first proprietary Non-Agency programs, all designed to increase our broker partners’ purchase lending power! Contact your Account Executive to learn more.

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Market News

Treasury prices are relatively quiet this morning as investors keep a continued eye toward ongoing Brexit proceedings from oversees.  Looking ahead for this week, the calendar includes CPI midweek followed by Retail Sales and Industrial Production on Friday.  Currently, the 10yr yield is at 2.857% (2.895% Friday) and the 2-10 spread is 13 bps, unchanged since Friday morning.

 

Josh Pappert – VP, Capital Markets
Nations Direct Mortgage