UMBS were flat on the open. Stock futures were up 9 points. Stocks advanced and bond yields dropped as fresh signs of an economic slowdown prompted investors to ramp up bets on interest-rate [...]
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. [...]
UMBS are up 14 bps on the day. Not huge, but at least it's green. Bonds were already slightly stronger in the overnight session with most of the gains arriving with Tokyo's opening [...]
Reading Notes For: Mortgage Peeps – Follow us on Facebook (below or #DuaneKayeWTMS) or Twitter (@MakesYouSmarter) for daily rate lock updates.
UMBS 6.5 are down 41 bps on the morning. Giving back about 1/2 of yesterday's gain in like an hour. Stocks were doing well though. Core m/m PPI = 0.0 vs 0.3 f'cast [...]
What a great thing to wake up to! UMBS are up 64 bps! S&P futures were up 51.5 as well. It is an extreme testament to the gravity of this particular CPI report [...]
Reading Notes For: Mortgage Peeps – Follow us on Facebook (below or #DuaneKayeWTMS) or Twitter (@MakesYouSmarter) for daily rate lock updates.
UMBS were down 14 bps on the open. Seems to be the standard answer lately. US equity futures pointed to a slightly weaker start for Wall Street, following two weeks of robust gains, [...]
