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There's nothing significant on the econ calendar today, and bonds are starting out by retreating (in a good way) back into the center of the ongoing uptrend. On days like today, bond analysis has to look to the bigger picture (because there's n...
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MBS Commentary
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There's nothing significant on the econ calendar today, and bonds are starting out by retreating (in a good way) back into the center of the ongoing uptrend. On days like today, bond analysis has to look to the bigger picture (because there's n... (read more) |
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Mortgage Rate Watch
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Mortgage rates continued higher today following the release of the Minutes from the Federal Reserve's (aka "The Fed") most recent policy meeting. The Fed was slightly more upbeat than markets expected, saying that most members agreed that a stronger ... (read more) |
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Rob Chrisman
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Jobs & housing drive the economy, and yesterday we learned that Existing Home Sales fell 3.2% in January, according to NAR . Lawrence Yun, NAR's Chief Economist said: “The utter lack of sufficient housing supply and its influence on higher ... (read more) |
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Housing News
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Sales of existing homes fell again in January, the second consecutive month-over-month decline. Sales of pre-owned single-family homes, townhomes, condos, and cooperative apartments were down 3.2 percent compared to December, and the seasonally adjus... (read more) |
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MBS Commentary
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The Fed released the minutes from its late January meeting today. Markets thought about them for 20 minutes and then tanked. What's up with that?!
Looking at rate volatility as a factor of Fed policy can be tricky business. On the... (read more) |
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Mortgage Rate Watch
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Mortgage rates fell modestly today as underlying bond markets experienced a rare absence of volatility. Rather than view this as some sort of turning point for what has been a fairly relentless march to higher ground, these days are best seen as peri... (read more) |
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