What’s up in Mortgage Today : 4.5.23
Stocks & Bonds both down. MBS down 2 bps. Stocks down 12 pts Bonds were almost perfectly flat in the overnight session. 10yr yields and MBS were unchanged ahead of the 8:15am ADP [...]
What’s up in Mortgage Today : 4.4.23
MBS are up 5 bps on the morning. Stocks up small. It was a fairly straightforward overnight session with bonds holding perfectly flat in Asia and then following EU yields steadily higher. EU [...]
31 Laws – Fifth 5
Reading Notes for: Peter Diamandis’ 32 Laws 20. You get what you incentivize. Anything important to you can be an incentive. Money. Homes. Ferrari. Feeling good. Sense of accomplishment. [...]
What’s up in Mortgage Today : 4.3.23
MBS up 5 bps on the open. Stocks up a bit Bonds lost ground the moment overnight trading opened on Sunday night owing to a quick surge in oil prices (driven by an [...]
31 Laws – Fourth 5
Reading Notes for: Peter Diamandis’ 32 Laws 16. Patience is a virtue, but persistence to the point of success is a blessing. Recently heard a rap song that said “I [...]
What’s up in Mortgage Today – 3.29.23
MBS are down 6 bps on the morning. Bonds began the overnight session at unchanged levels and held close to there through 4am ET. EU bonds rallied and faded over the next 4 [...]
31 Laws – Third
Reading Notes for: Peter Diamandis’ 32 Laws 11. When faced without a challenge, make one. Everything worth doing is hard. When you progress, step-by-step, toward a goal this is important [...]
What’s up in Mortgage Today – 3.27.23
MBS down 53 bps on the day. Stocks up about 25 points. Bonds were much weaker overnight with no new news on the banking contagion front. Stronger data in Germany and zero usage [...]