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Mortgage bonds fell in late trading yesterday. As we mentioned would likely happen in yesterday’s update, bonds dropped down to the bottom of the channel and are now testing a critical level of support. Based on the charts, it seems…
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Watch the market closely
Mortgage bonds are bouncing off the bottom of the channel as hoped and...
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The news is in!
The News is in!!! The Bureau of Labor Statistics (BLS) jobs report for...
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We could see higher rates
Mortgage bonds are again selling off this morning, as the stock market continues...
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Be careful if you’re gambling….
After hitting the highs of the past 21 months last week, mortgage bonds...
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Floating bias
Of all financial reports, there are two that will primary determine the direction...
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Locking bias
A major drop in weekly Unemployment Claims is the big news of the...
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Maintaining our locking bias
The big news of the day will come at 12:00 p.m. MST, when...
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Locking bias
Our economy continues to exist in a “Best of both worlds” scenario where...
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Locking Bias will continue today
There isn’t a lot of economic data scheduled for release today, so the...
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