Following a few stocks in the ASX 300 of particular interest, HLI represents a potential bullish opportunity should momentum continue and newer highs be made past the current position. I'll cover this more in the upcoming weekly video, however as can be seen in the chart, the stock price has respected prior support of $3.47 and thus far intraday is also achieving...
Hi Guys,
Just a quick observation that the current spike in U.S. Mortgage Applications is positive but you can see that it is a fairly consistent trend over the past four years and should probably be taken with a pinch of salt until we see how subsequent months perform.
PUKA
Good Morning!
It certainly makes sense for #mortgagerates to follow the bond counterparts & go lower
The monthly chart shows the RSI weakening as it chugged higher.
LONG term, the 3rd chart, we see that rates overcame a STRONG RESISTANCE area & long downtrend, white line. We will soon see if it'll hold that new support, white line.
#RealEstate #InterestRate
THOSE LONG TERM TRENDS ARE IMPORTANT.
Remember how the 10 & 30 Yr #yield BROKE daily trends?
Well, they are both still in play, for TVC:TNX it is in better shape.
Let's see how they close.
30 Yr struggling a bit more to recover that close under the trend.
#mortgage rates have also fallen decently.
First time since the doldrums in 2011
The cost of a 30 year mortgage is astronomical
Mortgage demand has frozen ...
Refinancing has also fallen off a cliff
I'm looking for sellers to start capitulating soon ... (as in within the next few quarters)
As we start to see the consumer at breaking point.
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I did a deep valuation analysis on Citigroup today, digging into their earnings reports for the last three years as well as analyst estimates for the next 4 quarters. Here are my conclusions.
In forward P/S terms, Citigroup is nearly the cheapest it has been in the last three years. However, in forward P/E terms, it's nearly the most expensive it has been in the...
This one is too easy...not a ton of downside risk as chart loves support here. I would say a 10%-15% stop loss is fine as you wait for this to break out.
Short volume will also be covering a long with some better economic forcasts in the days to come. REITS will be GREAT again.
I'm actually surprised the sideways nature on this...should curl up here to at...
The biological crisis has stabilized, but the financial crisis is just beginning. True, the Fed has been injecting huge amounts of money into the financial system via repo and treasury and mortgage bond buying. In just a few weeks we're doing more QE than we did over 8 months back in 2008. That should help prevent outright bank failures, but there's still going to...
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Monthly view of the 10 year yield here.
Yield touched current levels in 2012 in anticipation of QE3.
Again in June 2016 over Brexit.
3rd time in August/September of trade war.
4th - Coronavirus? I would bet this is this what initiates the break down.
10 yr around 1% or lower coming soon?
Especially if you just closed on a mortgage in October or November of 2018, you should call a Mortgage Lender now to compare rates. You may be shocked to learn how much you could save in interest over the life of the loan. For example, 0.5% lower rate x $300K loan balance is approximately $1,500 annually. Think about how long you may have your mortgage and the...
