The S & P 500 “Death Cross” and what it means for mortgage rates

On Friday the S&P 500 experienced what is known as a "death cross.". This is when the 50-day moving average crosses below the 200-day moving average and as you can guess by the name, is allegedly a negative signal for stocks moving forward.

Mortgage rates today, May 23, 2018, plus lock recommendations The S & P 500 "Death Cross" and what it means for mortgage rates The 2008 death cross was followed by an extraordinary drop of about 50% and is still fresh in people’s minds. S&P 500 daily chart. This does not necessarily mean that we will have another steep drop.

While most economists agree that mortgage rates are trending higher in the long run, there are some signs that mortgage rates could drop in the short term. One of those signs is the so-called "Death Cross" of the S & P 500. from Mortgage Rates, Mortgage News and Strategy : The Mortgage Reports

Mortgage rates today, March 7, 2019, plus lock recommendations Mortgage rates today, July 5, 2019, plus lock recommendations Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates.

Falling mortgage rates could also play a role. the transport sector hasn’t been keeping up with the broader S&P 500 Index.

This "statistically significant" death cross has only happened twice is the past two decades, Laidi points out. He posted a few graphs in the video with the DJI and the S and P, but doesn’t bother illustrating the Death Cross. Considering that it was the foundation of his story, it seems like it would be the.

Mortgage rates today, February 15, 2019, plus lock recommendations Find the lowest interest rate. Getting a lower interest rate is one of the best ways to save on your loan. Even a difference of a few basis points saves you thousands over a 30-year mortgage.

Continue reading for more on today’s market, including: What the "death cross" means for Nvidia and 16 other stocks.. The S&P 500 Index. as mortgage rates rise towards seven-year highs, and.

5 days ago · Compare that to the average dividend of the S&P 500 – currently 1.91%.. On top of that, if the Fed is going to lower rates, it’s going to mean lower mortgage rates. Now, while that might.

MBS RECAP: Straightforward, Rotten Day For Bonds  · MBS recap: treasuries relieved After Auction; Bonds Benefit From European close German Bunds dropped to yet another new all-time low today, hitting 0.193 at one point. The Euro plummeted and stocks sold modestly.

S&P 500 death cross. Featured Story. Forget What the "Analysts" Say, Both of These Omens Mean Big Profits. By Sid Riggs, Chief Research Analyst, Money Morning It’s been 14 trading sessions since the financial media was abuzz with the fact that the Russell 2000 Index experienced a Death Cross.

The 10-year yield just entered a "death cross," a dreaded technical indicator. Is this the beginning of a bigger slide in rates? Newton Advisors’ Mark Newton and Chad Morganlander from Washington.