The Slight Edge V
Reading Notes For: Mortgage Peeps – Follow us on Facebook (below or #DuaneKayeWTMS) or Twitter (@MakesYouSmarter) for daily rate lock updates.
Mortgage Today 11/13: Easing Inflation and Rate Cuts on the Horizon – Moody’s Downgrades US Outlook
UMBS were down 14 bps on the open. Seems to be the standard answer lately. US equity futures pointed to a slightly weaker start for Wall Street, following two weeks of robust gains, [...]
Behind the Fear Door
Herbert Gray studied success for 11 years and found the common denominator was that successful people make the habit of doing the things that unsuccessful people don’t like to do. Whatever you do repeatedly [...]
Mortgage Today 11/9: Wells Fargo Predicts 2024 Recession Amidst Weak Bond Auctions and Disinflation Signals
UMBS are down 6 bps on the open. Stocks flat as well with S&P futures up 3.5 Bonds were weaker in the overnight session. As was the case on Tuesday, Treasuries were highly correlated [...]
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 [...]