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Quicken Loans Capital Markets Update – Markets Stay Choppy

by Clayton Closson on April 30, 2009 in Market Update

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Here is today’s Economic Update from Quicken Loans Capital Markets Team – for Thursday, April 30, 2009.

Mortgage and Treasury bonds have opened in negative territory this morning, as signs showed the worst of the recession may be over.
Initial jobless claims decreased more than forecast. This tempered the initial reaction to the personal spending numbers, which unexpectedly fell more than forecast.

The up and down nature of the recent economic releases will keep markets choppy.

More to come as we learn it.

Have a great day, from Quicken Loans Capital Markets.

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Tags: Economy Home Mortgage Home Mortgages Jobless Claim Jobless Claims Mortgage Mortgage Bonds Mortgages Quicken Loans Treasuries Treasury Treasury Bonds

About Clayton Closson

Clayton loves writing and does it every day. He also loves money and although he doesn’t have much of it, thinks about it every day. He’s worn many hats, including PR guy, web developer, and soldier. Put it all together and you get a guy who writes about money, VA loans, food, and just about everything a Quicken Loans client could ever care about. He loves feedback, so give him some, please.

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