Wednesday - December 11, 2024 UMBS opened UP 13 bps this morning. S&P futures up 21 points. Bonds have already rallied from 4.25 to 4.215 in the wake of the CPI data, and [...]
Tuesday - December 10, 2024 UMBS opened down 14 bps this morning. Stock futures up 2 points. Small business optimism improved markedly in November, according to the NFIB Small Business Optimism Report. The [...]
Monday - December 9, 2024 UMBS are down 7 bps on the open. Stock futures are down 4 bps. USTs are slightly cheaper and steeper this morning compared to Friday's closes. Over the [...]
Thursday - December 5, 2024 UMBS down 12 bps on the open. Stock futures are down 2.5 points Jobless Claims = 224k vs 215k f'cast, [213k prev] Continued Claims = 1871k vs 1910k [...]
Tuesday - December 3, 2024 UMBS opened up 6 bps. Small number but at least it's green. S&P futures are up 2.5 points. US equity futures pointed to a muted open on Wall [...]
WTMS Blog Today = What's up in Mortgage Today - 12/02/24 >>>> UMBS opened the week down 34 basis points following the Thanksgiving holiday weekend and closed at 99.99, down 16 basis points. [...]
Monday - October 25, 2024 UMBS starting the holiday week up 41 bps this morning. Which is much needed. Stock futures are up 29 points. Of all of Trump's political appointees, Treasury Secretary [...]
Wednesday - November 20, 2024 UMBS are down 12 bps in the 2nd hour of trading, after opening down 15 bps. Stock futures are up 12.75 points. Which is odd because you would [...]