MMG WEEKLY – WHAT ARE THEY SAYING THIS WEEK?

MMG Weekly / Vantage Production.blueForecast for the Week

Economic reports abound this week, but the Jobs Report on Friday is the big one to watch.
  • The jam-packed economic calendar begins on Monday with Personal Income, Personal Spending, Personal Consumption Expenditures and Pending Home Sales.
  • On Tuesday, the S&P/Case-Shiller Home Price Index and Consumer Confidence will be released.
  • Wednesday brings the first of two key employment reports with the ADP National Employment Report.
  • Weekly Initial Jobless Claims and the Chicago PMI will be delivered on Thursday.
  • The week culminates with the March Jobs Report, which features Non-farm Payrolls and the Unemployment Rate. In addition, the ISM Index and Consumer Sentiment will be released.

Remember: Weak economic news normally causes money to flow out of Stocks and into Bonds, helping Bonds and home loan rates improve. In contrast, strong economic news normally has the opposite result. The chart below shows Mortgage Backed Securities (MBS), which are the type of Bond on which home loan rates are based.

When you see these Bond prices moving higher, it means home loan rates are improving. When Bond prices are moving lower, home loan rates are getting worse.

To go one step further, a red “candle” means that MBS worsened during the day, while a green “candle” means MBS improved during the day. Depending on how dramatic the changes are on any given day, this can cause rate changes throughout the day, as well as on the rate sheets we start with each morning.

As you can see in the chart below, Mortgage Bonds have held steady in response to post-Fed meeting speculation as well as the heartbreaking news of terrorist attacks in Brussels.

Chart: Fannie Mae 3.5% Mortgage Bond (Friday March 25, 2016)

Japanese Candlestick Chart

The Mortgage Market Guide View…

Engaging Add-ins for PowerPoint Perfection

It’s been estimated there is an average of 350 PowerPoint presentations happening around the globe each second. And as anyone who’s ever endured one knows: seeing just bullet lists can be boring!

PowerPoint add-ins can spruce up your presentations, without slowing your prep time down. Here are a few to check out:

ShapeChef gives you access to a growing collection of graphics, charts and icons of a higher quality than PowerPoint’s default collection. Plus, you can create your own graphics to add to your library.

Web Video Player helps you add drama to a dull deck, letting you easily drop video from YouTube or Vimeo right into your slides.

Aploris takes the chore out of charts and works with either PowerPoint or Excel to offer a wide range of chart choices, including waterfall, Gantt, spider, bar and more. Charts are not only PC and Mac compatible, but are editable in both operating systems as well.

VisualBee takes a draft of your text content and automatically adds fully-editable and relevant templates, background images, graphics and transitions to create a more visually interesting deck.

G-Tools adds so many useful features to PowerPoint, you’ll wonder how you got along without it. From exporting slide notes to text, Excel or Word to exporting your entire deck into an Outlook email, this add-in automates or streamlines functions for graphics, videos, charts, triggers, pop-ups and many more.

Please feel free to pass these helpful tips along to your team, clients and colleagues.

Sources: Bloomberg, Inc., SkilledUp

Economic Calendar for the Week of March 28 – April 01

Date
ET
Economic Report
For
Estimate
Actual
Prior
Impact
Mon. March 28
08:30
Personal Spending
Feb
0.1%
0.5%
Moderate
Mon. March 28
08:30
Personal Income
Feb
0.1%
0.5%
Moderate
Mon. March 28
08:30
Personal Consumption Expenditures and Core PCE
Feb
0.2%
0.3%
HIGH
Mon. March 28
08:30
Personal Consumption Expenditures and Core PCE
YOY
NA
1.7%
HIGH
Mon. March 28
10:00
Pending Home Sales
Feb
1.1%
-2.5%
Moderate
Tue. March 29
09:00
S&P/Case-Shiller Home Price Index
Jan
5.7%
5.76%
Moderate
Tue. March 29
09:00
S&P/Case-Shiller Home Price Index
Jan
NA
5.7%
Moderate
Tue. March 29
10:00
Consumer Confidence
Mar
94.5
92.2
Moderate
Wed. March 30
08:15
ADP National Employment Report
Mar
196K
214K
HIGH
Thu. March 31
08:30
Jobless Claims (Initial)
3/26
265K
265K
Moderate
Thu. March 31
09:45
Chicago PMI
Mar
49.9
47.6
HIGH
Fri. April 01
08:30
Non-farm Payrolls
Mar
200K
242K
HIGH
Fri. April 01
08:30
Hourly Earnings
Mar
0.3%
-0.1%
HIGH
Fri. April 01
08:30
Average Work Week
Mar
34.5
34.4
HIGH
Fri. April 01
08:30
Unemployment Rate
Mar
4.9%
4.9%
HIGH
Fri. April 01
10:00
ISM Index
Mar
50.6
49.5
HIGH
Fri. April 01
10:00
Consumer Sentiment Index (UoM)
Mar
90.5
91.7
Moderate

The material contained in this newsletter is provided by a third party to real estate, financial services and other professionals only for their use and the use of their clients. The material provided is for informational and educational purposes only and should not be construed as investment and/or mortgage advice. Although the material is deemed to be accurate and reliable, we do not make any representations as to its accuracy or completeness and as a result, there is no guarantee it is without errors.

Mortgage Market Guide, LLC is the copyright owner or licensee of the content and/or information in this email, unless otherwise indicated. Mortgage Market Guide, LLC does not grant to you a license to any content, features or materials in this email. You may not distribute, download, or save a copy of any of the content or screens except as otherwise provided in our Terms and Conditions of Membership, for any purpose. The material contained in this newsletter is provided by a third party to real estate, financial services and other professionals only for their use and the use of their clients. The material provided is for informational and educational purposes only and should not be construed as investment and/or mortgage advice. Although the material is deemed to be accurate and reliable, we do not make any representations as to its accuracy or completeness and as a result, there is no guarantee it is without errors.

Equal_Housing_Opportunity

Tell me what you think

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s