Mortgage Today 11/2: UMBS and S&P Futures Surge, Powell Comments on 2% Inflation, and S&P 500 Hits Best Session Since April

By |2023-11-02T14:45:24-07:00November 2nd, 2023|Mortgage, Week In Review|

UMBS are up 39 bps  - with S&P futures up 39.25 - after the first hour. Bonds were stronger in the overnight session with most of the gains arriving right at the start.  [...]