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Tuesday, September 5, 2017

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Phone - 678-947-4204

Cell - 678-523-1021

Fax - 678-935-3987

bcuris@southernequitymortgage.com

 

A Georgia Residential Mortgage Licensee

GA License # 19880

NMLS # 151260

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Tuesday, September 5, 2017

 

Georgia Residential Mortgage Broker
 
- low rates & low cost and fast close. 
 
- Call today for no obligation quote!! 678-947-4204
 

 

 

Market Update

 

 

Friday's weaker than expected jobs report and economic data are being overshadowed by geopolitical risk following a North Korean nuclear test over the weekend and concerns over another possible ICBM launch this week.  The risk off move has treasuries rallying with the 10 yr. yield down to 2.13. 

 

There are 3 Fed speakers on tap today, Fed Governor Lael Brainard at 8:00 am, Minneapolis Fed's Neel Kashkari at 12:00 pm, and Dallas Fed's Robert Kaplan at 7:00 pm.  Their comments could be market moving, especially if they focus on the lighter than expected Friday jobs report as evidence that additional rate hikes this year are unwarranted.  

 

Overnight equities in Europe and Asia have rallied back from the initial sell-off following the North Korean nuclear test and are mixed with the FTSE 100 unchanged and the Nikkei down -0.63%.  Economic data this week is fairly limited.  Today's numbers are headlined by Factory orders and Durable goods. However, since it's July data it's not likely to be market moving and continuing developments from the Korean peninsula, hurricane Harvey relief efforts and the developing hurricane in the Caribbean will likely demand much more attention.  

 

 

*taken from FNMA research

 

Southern Equity Mortgage Services, has been assisting clients with mortgage financing since 2005.  As the owner/operator - William Curis, I'm  committed to you the customer, from the start in providing accurate quotes to locking in the most competitive rate/cost and finally making sure the funds are there when you close the loan.  I'm available 24/7 so call/email or text me @ 678-523-1021.

Check out our Customer Testimonials link ... surveys customers fill out about our performance. 

Thanks so much for your business!!

Bill Curis   

 

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