on Neediness
from the blog of Chis Williamson from Modern Wisdom Podcast .
Mortgage Today 08/23/24: Powell’s Bold Tone Fuels Bond Rally Amid Rising Home Sales
UMBS in the green 15 bps early today. Which is nice. S&P futures up 29.75 It's been a slow, uneventful week so far in terms of scheduled events. Even though we certainly saw [...]
Mortgage Today 08/21/24: UMBS Recover as Labor Data Revised, Fed Minutes Signal September Rate Cut
UMBS were down 13 bps in early trading. S&P Futures are up 8.75 points There are alarming headlines regarding seemingly under-reported labor market revisions hitting the mainstream today. Given the big role or [...]
Mortgage Today 08/19/24: Fed Week Kicks Off with MBS Down 3 bps as Markets Eye Powell’s Speech
Monday - August 19, 2024 UMBS were down 3 bps in early trading. S&P futures are up 2.75 points. The week ahead will be dominated by Fed activity, with the July FOMC minutes [...]
Mortgage Today 08/14/24: UMBS Gains as Inflation Meets Expectations, Fed Rate Cut Likely in September
Wednesday - August 14, 2024 UMBS are up 6 bps on the morning. S&P Futures are down .75 points Bonds were a bit stronger before CPI and are paradoxically losing ground after the [...]
Mortgage Today 08/07/24: Markets Stabilize as Fed Easing Predictions Grow, UMBS Adjusts Amid Global Financial Shifts
Please Pretend that you are an editor for a financial website like CNBC.com , seekingalpha.com, Barry Habib, Motley Fool.com, MBShighway.com , or MBSlive.com. Write a brief, 10 sentence, and engaging summary, no longer [...]