Mortgage Today 10/26: UMBS Rally, GDP Surprises, and Bond Market Trends
UMBS are up on the day! Glorious. With current rate environment we are going to turn out attention to UMBS 6.5 coupons. They are up .38 on the morning. At first glance, a [...]
The Slight Edge – Intro
Reading Notes For: Mortgage Peeps – Follow us on Facebook (below or #DuaneKayeWTMS) or Twitter (@MakesYouSmarter) for daily rate lock updates.
Mortgage Today 10/25: UMBS Drop 84 bps, Housing Market Surges, and DOJ’s Antitrust Action
UMBS are down 27 bps again today. We had a good day yesterday, and now giving it back. This is why we can't have nice things. Bonds were initially sideways in the overnight [...]
Mortgage Today10/24: UMBS Drops 10 Basis Points, S&P Futures Rally 24.25 Points, and Insights on the U.S. Debt Situation
UMBS down 10 bps to start the morning. Stocks winning - S&P Futures up 24.25 points Today's only relevant econ data is the S&P Global (formerly Markit) PMIs. While a bit hotter than [...]
Mortgage Today 10/23: 10-Year Bond Yields Reach 16-Year High at 5.02% – What’s Driving the Market
UMBS starting the week off bad this morning. Down 39 bps. Overnight, bond markets weakened, and the reasons behind this aren't entirely clear. Some attribute it to last Friday's rally before the weekend [...]
Mortgage Today 10/20: Global Tensions Impact Markets, Fed’s Rate Hints, and Zillow’s Real Estate Forecast
UMBS up 23 bps on the open today. S&P futures down 14.75 on the open. Equities fell, Treasuries rose and oil topped $90 a barrel on concern the war between Israel and Hamas [...]
Mortgage Today: Bond Yields Dip After Jobless Claims, Powell Speech Expected to Be Hawkish
Bonds were already quite a bit weaker in the overnight session as global markets gradually added to the selling spree seen yesterday. When the sub 200k jobless claims headline hit just now, the [...]
Alex Hormozi’s Secret to Building $100M Sales Teams (Step By Step) – Part 2
This post is written as a summary of a great Podcast by Alex Hormozi Nurturing Excellence: Management and Continuous Improvement Management: The Pillar of Stability Management is more than oversight—it’s [...]