2019-nCoV, the coronavirus that was first diagnosed in Wuhan, China has spread throughout Asia. There have currently been a dozen patients diagnosed in the United States. According to a 5-5-2020 article in CNBC Markets, “China says a total of 28,018…
Global as well as National news have the yield on the benchmark 10-year Treasury note (US10Y) acting erratically to start 2020. The US10Y closed at 1.74%, 15 basis points below the 1.88% high that started the year. Increase concern over…
Now that 2019 has come to an end and we have entered the first part of 2020, Barry Slatt Mortgage would like to give our opinion on market trends for Q1, 2020: Interest rates for long-term fixed-rate loans have decreased…
There seems to be a relationship between President Donald Trump’s messages in regard to the United States and China nearing a trade deal and the US financial markets. Where it appears that the U.S. and China are close to making…
Barry Slatt Mortgage would like to profile a correspondent lender program. The following outlines one of our bank correspondent lenders. Loan amounts range from $1,000,000 – $50,000,000 (case-by-case for larger) Nationwide lending platform – prefers top markets All property types…
This week has been another interesting week in the Treasury bond market. The 10-year benchmark Treasury hit 1.95% earlier this week due to rumors of a conclusion in the China trade deal. Also, bond traders have been cautiously watching the…
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