Lock Watch for the Week of 12/31/2018
By Rob Spinosa, Mortgage Loan Originator, Marin County
Lock Watch for the Week of 12/31/2018 Volatility-O-Meter:Another short week, but therefore more potential for volatility and amid a stalemate in Washington. Economicalendar (all times are Pacific):Mon, 12/31: Dallas Fed Mfg Survey (7:30am).Tues, 1/1: Markets Closed.Weds, 1/2: PMI Mfg Index (6:45am).Thurs, 1/3: ADP Employment (5:15am), Jobless Claims (5:30am), ISM Mfg Index and Construction Spending (7am).Fri, 1/4: Employment Situation (5:30am) and Jerome Powell Speaks (7:15am). 10-Year Treasury History2.72% Market Open2.77% One Week Ago3.05% One Month Ago2.48% One Year Ago Pony ExpressWe were driving to South Lake Tahoe over the holiday week and at points alongside Route 50 I noticed that the navigation system picked up broken sections of the old P...