#FinanceNews

Mortgage Today 2/5/24: Examining Powell’s Cautious Stance, Job Resilience, and Real Estate Hotspots in 2024!

By admin|2024-02-05T15:50:32-07:00February 5th, 2024|Mortgage, Week In Review|

UMBS down 25 bps in early trading. The 5.5 coupon down 41. Powell told CBS Sunday that the central bank would be cautious about rate cuts and that the Fed was still searching [...]

Mortgage Today 12/27: UMBS Rise, Fed Rate Cut Speculation, and Housing Affordability Concerns

By admin|2023-12-27T18:10:18-07:00December 27th, 2023|Mortgage, Week In Review|

UMBS were in the green early. 6.0 coupon is up 11 bps. 5.5 is up 22 bps. US equity futures were steady, with an all-time high this year firmly in sight amid optimism [...]

Mortgage Today10/24: UMBS Drops 10 Basis Points, S&P Futures Rally 24.25 Points, and Insights on the U.S. Debt Situation

By admin|2023-10-24T16:21:20-07:00October 24th, 2023|Mortgage, Week In Review|

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 [...]