What’s up in Mortgage Today – 9.10.23
MBS are down almost 1/3 of a point early. Stocks are flat Bonds were weaker in the overnight session with most of the losses being a catch-up move to the rest of the [...]
MBS are down almost 1/3 of a point early. Stocks are flat Bonds were weaker in the overnight session with most of the losses being a catch-up move to the rest of the [...]
MBS pretty much flat - up 4 bps on the open. Stocks are same. Federal Reserve Chair Jerome Powell said the US central bank is prepared to raise interest rates further if needed [...]
MBS opened down 47bps and were 8bps lower when noted. Stocks rose 21 points. The Jackson Hole Summit next week will focus on China's real estate decline and the US economy's strength. Jerome [...]
Mortgage rates hit a 20-year high on Thursday as bonds sold off. The 30-year fixed-rate mortgage averaged 5.51%, up from 5.39% the previous week. The 15-year fixed-rate mortgage averaged 4.75%, up from 4.63%. [...]
MBS up 5 bps on the morning. At least it's green!! Stocks in the red, down 31 points Bonds were already modestly weaker in the overnight session but started losing more ground after [...]
MBS taking a hit early. Down a quarter point in early trading. Stocks down about 9 points. Bonds were almost perfectly flat in the overnight session as traders scratched their heads trying to [...]
MBS woke up on the Positive side of the bed, being up 19 bps. Stocks gaining 46 points early. Core CPI m/m = 0.2 vs 0.2 f'cast [0.2 prev] Core CPI y/y = [...]
MBS are up 5 bps in the early hours of trading. Stocks are flat. A relief rally in Italian shares boosted risk appetite, while US equity futures pointed to a recovery on Wall [...]