| Last | Change | Percent | |
| S&P Futures | 1878.7 | 0.9 | 0.05% |
| Eurostoxx Index | 3185.6 | -0.7 | -0.02% |
| Oil (WTI) | 99.38 | -0.4 | -0.36% |
| LIBOR | 0.23 | 0.002 | 0.88% |
| US Dollar Index (DXY) | 80.09 | -0.002 | 0.00% |
| 10 Year Govt Bond Yield | 2.78% | 0.03% | |
| Current Coupon Ginnie Mae TBA | 104.9 | -0.1 | |
| Current Coupon Fannie Mae TBA | 103.7 | -0.2 | |
| RPX Composite Real Estate Index | 200.7 | -0.2 | |
| BankRate 30 Year Fixed Rate Mortgage | 4.53 |
Markets are flattish this morning on no real news. Bonds and MBS are down.
Mortgage Applications fell 1.2% last week. Purchases were up slightly, but refis fell.
The ADP Employment Change is forecasting 191k nonfarm payrolls this Friday. This has not been a very accurate predictor as of late, so take it with a grain of salt. Estimates are all over the board, with some as low as 100k and some as high as 275k. A lot of it will be due to weather, and the big question will be whether we had some pent-up hiring demand that got caught up in March.
Ellie Mae's Encompass system went down for 24 hours yesterday. Apparently it was some sort of malicious attack. Things seem to be back on track, though. Lots of originators were unable to close loans yesterday. Imagine if it had happened a day earlier - end of the month and end of the quarter.
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