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 11/7: UMBS Sees an Uptick as Trade Deficit Widens and Fed Presidents Debate Rate Hikes
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 [...]
The Slight Edge 3
Reading Notes For: Mortgage Peeps – Follow us on Facebook (below or #DuaneKayeWTMS) or Twitter (@MakesYouSmarter) for daily rate lock updates.
Mortgage Today 11/6: UMBS Dips and Home Prices Cut as Market Anticipates Rate Cuts
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 [...]
Mortgage Today 11/3/23: Federal Reserve Tightening Evident as Bonds Gain Post-Jobs Report.
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, [...]
But, what IS Fear
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. [...]
Mortgage Today 11/2: UMBS and S&P Futures Surge, Powell Comments on 2% Inflation, and S&P 500 Hits Best Session Since April
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. [...]
The Slight Edge 2
Reading Notes For: Mortgage Peeps – Follow us on Facebook (below or #DuaneKayeWTMS) or Twitter (@MakesYouSmarter) for daily rate lock updates.