What’s up in Mortgage Today – 3.7.23
UMBS 5.5 at + 3bps on the open. 10y is down 3 bps. The recent pattern in overnight trading has seen a flatter trajectory in Asia followed by a setting of the tone [...]
The Invisible Selling Machine helps you use Quizes, Survey’s, Assessments, and Sales Material to cultivate customers.
Reading Notes for: The process of converting a normal everyday civilian into a customer is not 1 or 2 steps. It is a process. You must get their attention. It all [...]
What’s up in Mortgage Today – 3.6.23
UMBS up 9 bps on the morning. Bonds were sideways to slightly stronger amid quiet trading in Asia. Things got more volatile in Europe, but mostly for EU bonds (dueling narratives from different [...]
Mortgage Market Week in Review – Week of 2/27/23
Monday - February 27, 2023 MBS up 13 bps early on the day. Durable goods orders fell 4.5% in January, according to the Census Bureau. Excluding transportation, durable goods orders rose 0.7%. Core [...]
What’s up in Mortgage Today – 3.3.23
MBS up 30 bps early. 10y down 8. Nice Rally Overnight. The most notable scapegoats arrived in the overnight hours with several weaker PMIs in Europe as well as a much lower Producer [...]
What’s up in Mortgage Today – 3.2.23
MBS are down another 30 bps this morning. 10y up 7. Neither of this morning's reports were great for bonds. Q4 is ancient history, but any indication of higher wage growth hurts. Jobless [...]
What’s up in Mortgage Today – 3.1.23
MBS down 15 bps on the open. 10y up 5 bps. Federal Reserve Chair Jerome Powell and his colleagues confront a “legitimate head scratcher” as they probe how high to raise interest rates [...]
What’s up in Mortgage Today – 2.28.23
MBS down 20 bps overnight. US equity futures climbed as corporate earnings surprised on the upside and returning appetite for riskier growth stocks fueled a rally in Tesla Inc. Bonds sank in the [...]