Mortgage Today 12/03/24: UMBS Closes at 99.77 Amid Job Data, Fed Speculation, and South Korea Headlines
Tuesday - December 3, 2024 UMBS opened up 6 bps. Small number but at least it's green. S&P futures are up 2.5 points. US equity futures pointed to a muted open on Wall [...]
Mortgage Today 12/02/24: UMBS Closes at 99.99 Amid Post-Holiday Positioning and Key Fed Signals
WTMS Blog Today = What's up in Mortgage Today - 12/02/24 >>>> UMBS opened the week down 34 basis points following the Thanksgiving holiday weekend and closed at 99.99, down 16 basis points. [...]
Yeah But….. Trade Tariffs will Save/Ruin us
WTMS Blog Today = Yeah But..... Trade Tariffs will save/ruin us Over the last several months there has been much talk about Trade Tariffs. Some love the idea. Some hate it. Few understand [...]
Mortgage Today 11/25/24: Bonds Rally on Scott Bessent’s Nomination, UMBS Surge to 99.53
Monday - October 25, 2024 UMBS starting the holiday week up 41 bps this morning. Which is much needed. Stock futures are up 29 points. Of all of Trump's political appointees, Treasury Secretary [...]
WTMS Blog Today= Yeah But………..Should you do a podcast, even if almost nobody is listening?
WTMS Blog Today= Yeah But...........Should you do a podcast, even if almost nobody is listening? It's a tough call. Yeah, I know. But everyone I listened to said "you can't watch those numbers." [...]
Mortgage Today 11/20/24: UMBS Drop 10 Bps as Home Prices Rise; Geopolitics Fail to Move Bonds
Wednesday - November 20, 2024 UMBS are down 12 bps in the 2nd hour of trading, after opening down 15 bps. Stock futures are up 12.75 points. Which is odd because you would [...]
Mortgage Today 11/19/24: Do we need Global Thermo Nuclear War to get low rates?
Tuesday - November 19, 2024 UMBS up 14 bps in the 3rd hour of trading today. Stock futures down 34.75 points Tuesday brings a classic example of a seemingly significant geopolitical headline resulting [...]