UMBS are up 8 bps on the morning. Bonds recovered some of yesterday's losses in the overnight session with European markets leading the way on much weaker econ data. The US trade deficit [...]
Reading Notes For: Mortgage Peeps – Follow us on Facebook (below or #DuaneKayeWTMS) or Twitter (@MakesYouSmarter) for daily rate lock updates.
UMBS down 19 bps to start the week. Stock and bond markets steadied after last week’s blockbuster rally, with traders still optimistic that US and European central banks may start cutting interest rates [...]
UMBS 6.5 are up 44 bps early. Bonds were only modestly stronger overnight but are adding to the gains after the jobs report. While this is a miss, it isn't a huge miss, [...]
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 39 bps - with S&P futures up 39.25 - after the first hour. Bonds were stronger in the overnight session with most of the gains arriving right at the start. [...]
Reading Notes For: Mortgage Peeps – Follow us on Facebook (below or #DuaneKayeWTMS) or Twitter (@MakesYouSmarter) for daily rate lock updates.
Wow! Big open for bonds. UMBS up 59 bps. S&P futures down 12.25 ADP Employment = 113k vs 150k f'cast, 89k prev Treasury announced the 2nd phase of this week's details on increased [...]
