C’mon! UMBS are down 18 bps on the open - again! The selloff on Wall Street showed signs of abating even as investors grappled with the threat of higher-for-longer interest rates and an [...]
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WTMS Blog Today = What's up in Mortgage Today - 04/14/24 > > > > In a startling market response, UMBS fell sharply by 42 basis points by mid-morning, reflecting investor concerns beyond [...]
WTMS Blog Today = What's up in Mortgage Today - 04/12/24 > > > > The mortgage and bond markets finally saw some relief today, with UMBS opening up by a significant 27 [...]
We were hoping for a bounce today. Did not get it. UMBS were down 4 bps after the first hour of trading today. Inflation at the wholesale level rose 0.2% in March and 2.1% YOY, [...]
WTMS Blog Today = What's up in Mortgage Today - 04/12/24 >>>> Mortgage securities took a significant dive today, with UMBS dropping sharply as investors reacted swiftly to the latest CPI numbers. The [...]
Financial markets are on a tightrope walk today, with all eyes turned to the impending jobs report that’s causing jitters in stocks and bolstering oil prices. The Federal Reserve's recent musings have hinted [...]