Mortgage Today 2/6/24: Fed’s Kashkari Signals Caution on Rate Cuts Amidst Market Volatility
UMBS were up 9 bps in early trading. Global bond markets steadied after the biggest two-day selloff in months, while stocks looked for direction amid mixed earnings. Investors continue to fret over the [...]
No Excuses by Brian Tracy -3
My Reading Notes From: No Excuses By Brian Tracy Most people think success comes from good luck or enormous talent, but many successful people achieve their accomplishments in a simpler way: through self-discipline. [...]
Mortgage Today 2/5/24: Examining Powell’s Cautious Stance, Job Resilience, and Real Estate Hotspots in 2024!
UMBS down 25 bps in early trading. The 5.5 coupon down 41. Powell told CBS Sunday that the central bank would be cautious about rate cuts and that the Fed was still searching [...]
Mortgage Today 2/2/24: Unraveling the NFP Surprise, Housing Market Resilience, and Softening Inflation Expectations!
UMBS were down 30 bps in the first hour of trading. Nonfarm Payrolls = 353k vs 180k f'cast last month revised to 333k from 216k Unemployment Rate = 3.7 vs 3.8 f'cast Earnings [...]
Mortgage Today 2/1/24: UMBS Market Trends, Jobless Claims, and Regional Banking Challenges Unveiled
UMBS opened up 3 bps - again. Am I in groundhogs day or something? Bonds were remarkably calm overnight considering yesterday's movement and the fact that month-end trading played a role. The calm [...]
No Excuses by Brian Tracy – 2
My Reading Notes From: No Excuses By Brian Tracy Most people think success comes from good luck or enormous talent, but many successful people achieve their accomplishments in a simpler way: through self-discipline. [...]