Ventura County Home Loan's

Wednesday's bond market has opened down slightly despite stock weakness. The stock markets are showing sizable losses with the Dow down 82 and the Nasdaq nearly unchanged. The bond market is currently down 2/32, which will likely push this morning's mortgage rates higher by approximately .125 of ...

Tuesday's bond market has opened slightly in positive territory as investors wait for today's Fed minutes. The stock markets are showing gains with the Dow up 32 points and the Nasdaq up 4 points. The bond market is currently up 3/32, which is not enough to improve this morning's mortgage rates.T...

Friday's bond market has opened down sharply following the release of this morning's Employment report. The stock markets are reacting favorably to the news with the Dow up 84 points and the Nasdaq up 35 points. The bond market is currently down 26/32, which will likely push this morning's mortga...

Thursday's bond market has opened slightly in positive territory again following the release of weaker than expected manufacturing data. The stock markets are nearly flat with the Dow up 4 points and the Nasdaq up 3 points. The bond market is currently up 5/32, but we will likely still see a slig...

U.S. Treasuries were little changed after a private report showed companies in the U.S. added fewer jobs than forecast last month. Ten-year yields earlier dropped to near the lowest in two weeks on speculation the slump in housing is spreading to the wider economy. The spread, or difference in yi...

Wednesday's bond market has opened slightly in positive territory after the stock markets showed early weakness. The stock markets are posting losses with the Dow down 49 points and the Nasdaq down 12 points. The bond market is currently up 4/32, which with strength later yesterday should improve...

Tuesday's bond market has opened in positive territory as yesterday's buying seems to be carrying over to today. There was no relevant economic news scheduled for today, but early stock weakness is also contributing to this morning's gains. The stock markets are showing losses with the Dow down 4...

MARKET COMMENTARY:For the first time since 1995, the U.S. bond market is rallying on the assumption that the Federal Reserve has relegated inflation to a secondary concern because the central bank views a recession as a much greater threat to the economy. The bellwether 10-year Treasury note, whi...

Monday's bond market has opened in positive territory following a weaker than expected manufacturing related report. The stock markets are also showing gains with the Dow up 114 points and the Nasdaq up 22 points. The bond market is currently up 12/32, but we will likely still see an increase in ...

This week brings us the release of only three monthly economic reports for the bond market to digest. The first report of the week comes late tomorrow morning when the Institute for Supply Management (ISM) will post their manufacturing index for September. This index gives us an indication of man...