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Safe play is to lock

Mortgage bonds are treading water this morning, on a quiet news day with little information to direct interest rates one way or the other.  Therefore, technical indicators become more relevant.  The stock market is underwater, which would typically help boost…

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Non-eventful news day

Mortgage bonds are attempting to stabilize after the beating they took following the...
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Locking Bias

Mortgage rates took it on the chin yesterday after the Federal Reserve statement...
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Fed Day

It’s Fed Day again!  Every six weeks, the Federal Reserve Board meets to...
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Continuing a locking bias

The Consumer Price Index for February was released this morning, showing that inflation...
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Not the time to risk floating

The stock market is again showing its resilience, as it is has again...
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Safe to lock

Mortgage bonds rallied yesterday as the stock market dropped in response to concerns...
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Trading in a Sideways Channel

Mortgage bonds continue to trade in a sideways channel as the market decides...
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Locking Bias

Mortgage bonds are currently sitting right on a crucial level of support.  Looking...
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Very cautiously floating

The aftermath of last week’s stronger than expected jobs data leaves mortgage  rates...
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