The Slight Edge IV
Reading Notes For: Mortgage Peeps – Follow us on Facebook (below or #DuaneKayeWTMS) or Twitter (@MakesYouSmarter) for daily rate lock updates.
“Mortgage Today 11/15: UMBS Slides Amid Static PPI and Mixed Retail Sales, Market Eyes Cooling Period
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 [...]
Mortgage Today11/14/23: UMBS Surges and CPI Shocks Markets, Small Business Sentiment Wavers
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 [...]
The Slight Edge V
Reading Notes For: Mortgage Peeps – Follow us on Facebook (below or #DuaneKayeWTMS) or Twitter (@MakesYouSmarter) for daily rate lock updates.
Mortgage Today 11/13: Easing Inflation and Rate Cuts on the Horizon – Moody’s Downgrades US Outlook
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, [...]
Behind the Fear Door
Herbert Gray studied success for 11 years and found the common denominator was that successful people make the habit of doing the things that unsuccessful people don’t like to do. Whatever you do repeatedly [...]
Mortgage Today 11/9: Wells Fargo Predicts 2024 Recession Amidst Weak Bond Auctions and Disinflation Signals
UMBS are down 6 bps on the open. Stocks flat as well with S&P futures up 3.5 Bonds were weaker in the overnight session. As was the case on Tuesday, Treasuries were highly correlated [...]
The Slight Edge IV
Reading Notes For: Mortgage Peeps – Follow us on Facebook (below or #DuaneKayeWTMS) or Twitter (@MakesYouSmarter) for daily rate lock updates.