Mortgage Today 07/01/24: UMBS Down as ISM Data Disappoints, Bond Yields Spike
UMBS opened down 15 bps in the first hour of trading. S&P Futured up 13.75 Bonds began the day in slightly weaker territory and continued selling--somewhat abruptly--at the 8:20am CME open. There continue [...]
Mortgage Today 06/28/24: UMBS Up After Debate, Core PCE Shows Inflation Progress
UMBS are up 5 bps on the open. Though down 6 bps from the highs on the day. S&P futures are up 23.5 points Last night was the first US Presidential Debate. I [...]
Mortgage Today 06/27/24: UMBS Up Amid Mixed Economic Data, New Home Sales Plummet
UMBS opened the day UP 10 bps. WooHoo. It's not a lot - but at least it's green. S&P Futures down 2.25 Jobless Claims = 233k vs 236k f'cast, [239k prev] Continued Claims [...]
My (Video) Reading Notes for “The Way of the Wolf” by Jordan Belfort – Part 5
My Reading Notes for "The Way of the Wolf" by Jordan Belfort ???? The Way of the Wolf by Jordan Belfort. If you get someone that is just hopping from objection to objection [...]
Mortgage Today 06/23/24: UMBS Down as Fed Maintains High Rates, Consumer Confidence Slips, Private Equity Buys Big
UMBS have opened down 9 bps on the morning, so far. S&P Futures are flat. The absence of relevant bond market movers has been a theme all week. Wall Street's tech rally, led [...]