“Damn, there is so much great knowledge out there. Did you know that “BOOKS” are full of smart?? No, I mean like life changing, I-wish-I-knew-that-years-ago type stuff.
I know that I was waaaayyy late to the game figuring it out. And I know that a lot of you are too busy to read as much as you ‘should’. And that is why you need me.
I still remember how it started for me. It started in June of 2008. After 11 years …..Click to continue
RECENT ARTICLES

Mortgage Today 11/20/24: UMBS Drop 10 Bps as Home Prices Rise; Geopolitics Fail to Move Bonds
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 [...]
Mortgage Today 11/19/24: Do we need Global Thermo Nuclear War to get low rates?
Tuesday - November 19, 2024 UMBS up 14 bps in the 3rd hour of trading today. Stock futures down 34.75 points Tuesday brings a classic example of a seemingly significant geopolitical headline resulting [...]
Mortgage Today 11/18/24: UMBS Rebound 9 Bps as Bonds Steady; Housing Data in Focus This Week
Monday - November 18, 2024 UMBS were down another 10 bps on the open. S&P Futures down 6.75 points The week ahead won't have much in the way of market-moving economic reports, but [...]
Article Archive

Mortgage Today 07/19/24: UMBS Down, Bond Rally Hits Wall, Microsoft Outage Impacts Financial Systems
Friday - July 19, 2024 UMBS opened down 11 bps in the first hour of trading. Stocks futures are up 6.75 This week's bond rally hit a wall at the 3pm close on [...]
Mortgage Today 07/18/24: UMBS Open Up 4 bps, Jobless Claims Rise, Rate Cuts Anticipated
Thursday - July 18, 2024 UMBS were up 4 bps on the open. Small number but at least it's green. S&P Stock Futures are up 8.50 points. A mixed bag of data in [...]
Mortgage Today 07/17/24: UMBS Flat, S&P Futures Down 56 Points, Tech Stocks Hit by Trade Tensions
Wednesday - July 17, 2024 UMBS opened down 12 bps in the first hour of trading. S&P Futures down 56.25 Worries that US politicians are taking a harder stance on China and Taiwan [...]
Mortgage Today 07/15/24: UMBS Down 9 bps, S&P Futures Up 24 Points, Trump Speculation and Rate Cut Hints
UMBS started the week off down 9 bps. S&P futures are up 24 pts US stock futures rose and longer-maturity bonds retreated as investors ratcheted up wagers that Donald Trump would win the [...]
Mortgage Today 07/12/24: UMBS Up 20 bps, Surprising PPI Surge Raises Eyebrows, Rate Cut Still Expected
Friday - July 12, 2024 Happy Friday! UMBS are up 16 bps on the open. Stock Futures are Flat. Core PPI M/M = 0.4 vs 0.2 f'cast last month revised to 0.3 from [...]
Mortgage Today 07/11/24: UMBS Surge 41 bps on Lower CPI, S&P Futures Down 9.5 Points
Thursday - July 11, 2024 Oooooh-Weee. UMBS are up 41 bps on the open, so far. S&P futures down 9.5 points Headline CPI M/M = -0.1 vs 0.1% f'cast, [0.0 prev] Headline CPI [...]
Mortgage Today 07/10/24: UMBS Up 3 bps, S&P 500 Futures Rise 14.25 Points, Powell’s Testimony Highlights Inflation Caution
UMBS up 3 bps on the open. Stock futures up 14.25 points. Stock futures pointed to a longer advance for the S&P 500 as investors sought vindication from Federal Reserve Chair Jerome Powell [...]
Yeah But…. Too Many People are moving here!
WTMS Blog Today >>>> Yeah But.........Too Many People are moving here! In this world, there are no solutions - only trade-offs. And that is the case when your area gets a whole bunch [...]