We need to stop taking ourselves personally
Today's lesson is from "The Fear Book" by Cheri Huber Some things we may not think of as fear - anger, sadness, irritation, urgency, depression, control issues - are pointing to an underlying fear. [...]
Mortgage Today 12/13: Unpacking the Impact of Recent Fed Decisions on Home Loan Rates
UMBS were up 16 bps on the morning. Bonds were sideways to slightly stronger in the overnight session, with no noticeable follow-through to yesterday's CPI reaction. This morning's producer price index (PPI) is [...]
Mortgage Today 12/11: What the Fed’s Rate-Cut Signals Mean for the Market
MBS are down 13 bps on the open. 6.5 is down 19. Global equities posted modest moves at the start of a busy week of economic data and central bank meetings that will [...]
Facing Fear with Compassion – The How To
Today's lesson is from "The Fear Book" by Cheri Huber Some things we may not think of as fear - anger, sadness, irritation, urgency, depression, control issues - are pointing to an underlying fear. [...]
Mortgage Today 12/7/23: Examining Market Reactions to Job Market Data and Inflation Trends
In today's financial update, UMBS 6.0 saw a 9 basis point decline in the morning, with the 5.5 and 5.0 performing better, raising hopes for them to return to profitability. The weakening of [...]
Mortgage Today 12/6/23: Bond Market Holds Steady, ADP Data Fails to Impress, and What’s Next for Mortgage Rates?
UMBs were Flat again on the open. 3 flat days in a row have become rare. Bonds had moderate ups and downs in the overnight session, but stayed in a broadly sideways range [...]
Mortgage Today 12/5/23: Job Openings Plummet, Fed’s Stance on Rates, and Market Impact
Popular UMBS coupons were flat on the morning. Lower coupon 5.5 is up a quarter point on the morning. Though still below 100. US equity contracts slid as traders pushed back on optimistic [...]