In the world of mortgage-backed securities (UMBS), we're seeing a 61 basis point drop, while S&P futures opened down by 28.25 points today. The Treasury market is experiencing unprecedented levels of volatility, not [...]
In today's Mortgage Update on October 16th, we cover the key financial highlights. Mortgage-backed securities (MBS) dropped 34 basis points, while S&P Futures rose by 23.5 points. Bond values fell due to "position-squaring" [...]
The Imminent Digital Revolution in Real Estate: The Potential Disappearance of One Million Agents In less than a week, the first of two class action lawsuits that take aim at the NAR’s commission [...]
In today's update, Mortgage-Backed Securities (MBS) opened flat, up 6 bps, while S&P Futures gained 12.75 points. Overnight, bonds strengthened due to a rally in European bonds, but stocks held steady amid Israel [...]
Hot start to bonds this morning, up 45 bps. S&P Futures up .25 Cash bond trading was closed until 8pm ET last night, but global financial markets had already responded to news in [...]
MBS are up 13 bps this morning. Which is a nice change. S&P Futures are up 3.5 points. Though they are losing ground after another better-than-expected Jobless Claims report. Which is just feeding [...]
In today's mortgage update on October 4th, Mortgage-Backed Securities (MBS) opened flat but soon dipped 28 basis points from the day's high. Global sovereign bond yields continued their relentless upward trend, with the [...]
UMBS losing another 48 big bps this morning. S&P Futures down 26.75 Traders and analysts were all sitting in a circle and nodding their heads in approval as EU and US yields were [...]