UMBS are pretty much flat - up 6 bps this morning. Stocks about the same with S&P futures up 4 pts While ECI has been an increasingly important report over the past 2 [...]
Reading Notes For: Mortgage Peeps – Follow us on Facebook (below or #DuaneKayeWTMS) or Twitter (@MakesYouSmarter) for daily rate lock updates.
UMBS starting the week down 11 bps - S&P futures up 24 - this morning. The uncommon combination of events and the market movement potential of this week is hard to overstate. Each [...]
UMBS are up on the day! Glorious. With current rate environment we are going to turn out attention to UMBS 6.5 coupons. They are up .38 on the morning. At first glance, a [...]
Reading Notes For: Mortgage Peeps – Follow us on Facebook (below or #DuaneKayeWTMS) or Twitter (@MakesYouSmarter) for daily rate lock updates.
UMBS are down 27 bps again today. We had a good day yesterday, and now giving it back. This is why we can't have nice things. Bonds were initially sideways in the overnight [...]
UMBS down 10 bps to start the morning. Stocks winning - S&P Futures up 24.25 points Today's only relevant econ data is the S&P Global (formerly Markit) PMIs. While a bit hotter than [...]
UMBS starting the week off bad this morning. Down 39 bps. Overnight, bond markets weakened, and the reasons behind this aren't entirely clear. Some attribute it to last Friday's rally before the weekend [...]
