Welcome to 9/3/10 morning market Commentary & web portal for loan originators

Fri. 9/3/10, day 246 with 119 days left in 2010
Quotes below as of 10:00 AM (EDT)

Long Bond Yield : 3.80% - 10-year T Note : 2.70%
Freddie Mac 10 day delivery rate : 3.83%

30Y/Fannie yield spread : 4 BP
10Y/Fannie yield spread : 114 BP

30-Day moving average for delivery rate: 3.81%
10-Day Delivery rate a month ago : 3.92%
10-Day Delivery rate a year ago today: 4.62%

Good Morning Lenders. The text that follows is only a partial 'thumbnail' of what appears in our publication Daily Economic Insights." Please see instructions below if you would like to see some free samples.

* * * If we use terms you are unfamiliar with you can find out what they mean at: http://econonews.net/glossary.html * * *

This morning we got a marginally better-than-expected employment report release and it was off to the races for stock prices and of course you know what that likely meant for credit instrument prices. In spite of the wildly gyrating credit markets all week long we are still poised to close the week with no change for the delivery rate.

The employment report for August said the ‘official’ unemployment rate rose by 1/10% to 9.6% as the national economy experienced a net job loss of 54,000. The private sector created 67,000 jobs, but laid-off census workers took the overall figure negative. We will expand on this release along with our outlook for rates in the upcoming week.

At our normal 10:00 AM ET check the delivery rate (DR) was at 3.83%. As of this writing the DR is at 3.81%, which is precisely where we closed last week. Where is the delivery rate (and the credit markets) likely to head from here? You can either read about it this morning in our Daily Edition of Economic Insights 2010, or wait until after the fact to find out, so… Stay tuned.

Click Here to see one of our daily newsletter from last week.week.

For a 2-week free "trial subscription" of our newsletter "Daily Economic Insights" just CLICK HERE.

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Now that most of the horses have left the stable, it is time to look at where your business is going to come from? How you are going to attract new business? Have you considered a ‘content driven’ newsletter that will not wind up on the desks of your referral sources from multiple senders? Our personalized newsletters can act as your ‘silent salesperson’ if we delivery them electronically for you (at no charge with our service) when you can’t show your face in that office each week. We can offer “exclusivity” for your market area for the newsletters, which include your photo, company logo and all your personal contact information.

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You can find more related figures
and charts on our site:

http://econonews.net/indexa.html


All charts are closing levels for 5 days through latest closing. For an explanation of what the chart represents, just click on it.
		Data, charts and commentary provided by The Financial News & Information Service Novato, CA , USA • 800-273-9995 Provider of market information to lenders, realtors, title companies and investors since 1989. Have you seen our 'personalized' newsletters designed to increase your business?

	Fri. 9/3/10, day 246 with 119 days left in 2010 Quotes below as of 10:00 AM (EDT) Long Bond Yield : 3.80% - 10-year T Note : 2.70% Freddie Mac 10 day delivery rate : 3.83% 30Y/Fannie yield spread : 4 BP 10Y/Fannie yield spread : 114 BP 30-Day moving average for delivery rate: 3.81% 10-Day Delivery rate a month ago : 3.92% 10-Day Delivery rate a year ago today: 4.62% Good Morning Lenders. The text that follows is only a partial 'thumbnail' of what appears in our publication Daily Economic Insights." Please see instructions below if you would like to see some free samples. * * * If we use terms you are unfamiliar with you can find out what they mean at: http://econonews.net/glossary.html * * * This morning we got a marginally better-than-expected employment report release and it was off to the races for stock prices and of course you know what that likely meant for credit instrument prices. In spite of the wildly gyrating credit markets all week long we are still poised to close the week with no change for the delivery rate. The employment report for August said the ‘official’ unemployment rate rose by 1/10% to 9.6% as the national economy experienced a net job loss of 54,000. The private sector created 67,000 jobs, but laid-off census workers took the overall figure negative. We will expand on this release along with our outlook for rates in the upcoming week. At our normal 10:00 AM ET check the delivery rate (DR) was at 3.83%. As of this writing the DR is at 3.81%, which is precisely where we closed last week. Where is the delivery rate (and the credit markets) likely to head from here? You can either read about it this morning in our Daily Edition of Economic Insights 2010, or wait until after the fact to find out, so… Stay tuned. Click Here to see one of our daily newsletter from last week.week. For a 2-week free "trial subscription" of our newsletter "Daily Economic Insights" just CLICK HERE. (Sorry this is a one-time offer only.) Now that most of the horses have left the stable, it is time to look at where your business is going to come from? How you are going to attract new business? Have you considered a ‘content driven’ newsletter that will not wind up on the desks of your referral sources from multiple senders? Our personalized newsletters can act as your ‘silent salesperson’ if we delivery them electronically for you (at no charge with our service) when you can’t show your face in that office each week. We can offer “exclusivity” for your market area for the newsletters, which include your photo, company logo and all your personal contact information. Would you like to see samples of our 'personalized' newsletters 'For Lenders Only' that are cost effective marketing tools? CLICK HERE You can find more related figures and charts on our site: http://econonews.net/indexa.html ©1999-2010 Howard Blum & The Financial News & Information Service, Novato, CA