Yeah But: Episode 3 = Do WE need a Housing Crash?
Yeah But: Episode 3 Do WE need a Housing Crash? Warning, this is gonna hurt your brain because going to talk about BOTH SIDES of an issue. Yeah, crazy, I know. [...]
Mortgage Today 1/2/24: UMBS Market Challenges and Positive MBS Index Performance in 2023
UMBS are coming in the year rough. 6.0 coupon is down 17 bps. 5.5 Coupon is down 34. Bonds sold off somewhat sharply in the overnight session on an unknown combination of the [...]
Part 6: Authority
Reading Notes For: Part 6: Authority This is a summary of my reading notes from Influence by Robert Cialdini. And now we are going to dive even deeper into the [...]
Mortgage Today 12/29: Insights on UMBS, Treasury Yields, and 2024 Rate Cut Expectations
UMBS starting the day in the red. Down 11 bps on the 6.0. 5.5 is down 17. The S&P 500 traded just a few points away from its all-time peak on Thursday, extending [...]
Mortgage Today 12/28: MBS Market Update and Equity Trends Amidst Trade Deficit Concerns
MBS giving up much of yesterday's gain right off the bat. UMBS 6.0 is down 16 bps. 5.5 down 14. Bonds were modestly weaker in the overnight session with half of the weakness [...]
Part 4: The Power of Social Proof – Because Everyone is doing it.
Reading Notes For: Part 4: The Power of Social Proof – Because Everyone is doing it. This is a summary of my reading notes from Influence by Robert Cialdini. Today [...]
Mortgage Today 12/27: UMBS Rise, Fed Rate Cut Speculation, and Housing Affordability Concerns
UMBS were in the green early. 6.0 coupon is up 11 bps. 5.5 is up 22 bps. US equity futures were steady, with an all-time high this year firmly in sight amid optimism [...]
Mortgage Today 12/26: Mixed Market Movements and Fed’s Changing Outlook
Tuesday - December 26, 2023 Back at it after the holiday. The 6.0 coupon were down 5 bps early. 5.5 was flat. 6.5 was up 16 bps. Markets are still digesting the data [...]