What’s up in Mortgage Today – 3.1.23
MBS down 15 bps on the open. 10y up 5 bps. Federal Reserve Chair Jerome Powell and his colleagues confront a “legitimate head scratcher” as they probe how high to raise interest rates [...]
What’s up in Mortgage Today – 2.28.23
MBS down 20 bps overnight. US equity futures climbed as corporate earnings surprised on the upside and returning appetite for riskier growth stocks fueled a rally in Tesla Inc. Bonds sank in the [...]
There is a definable process to cultivating these customers. To be able to convert someone from going-about-their-life into wanting-to-do-business-with-you will require you to build an Invisible Selling Machine.
Reading Notes for: The process of converting a normal everyday civilian into a customer is not 1 or 2 steps. It is a process. You must get their attention. It all [...]
What’s up in Mortgage Today – 2.27.23
Monday - February 27, 2023 MBS up 13 bps early on the day. Durable goods orders fell 4.5% in January, according to the Census Bureau. Excluding transportation, durable goods orders rose 0.7%. Core [...]
Jocko Monday 6
Remain Vigilant It wasn't in war. It wasn't in battle. It isn't in the melee of fire and destruction that most of us succumb to weakness. We are [...]
Mortgage Market Week in Review – Week of 2.21.23
Monday - February 20, 2023 - Presidents Day from “Discipline Equals Freedom” by Jocko Willink Your life is EVERY DAY. This isn't a part-time gig! This isn’t punch the clock and go home for the [...]
What’s up in Mortgage Today – 2.24.23
Sorry everyone - I think I jinxed us. After 2 days of being sarcastic about opening to gains - we are opening to a loss in about the amount of both gains. My [...]
What’s up in Mortgage Today – 2.23.23
Wow, green numbers 2 days in a row. We are going to get spoiled MBS up 13 bps on the open. Improved 8 while writing morning post Bonds were modestly weaker overnight, but [...]