As predicted in yesterday’s market update, mortgage bonds fell precipitously in yesterday’s trading. In fact, they dipped below their 100 day moving average for the first time since early January. Fortunately, the fall was halted shortly after breaking beneath this…
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Locking bias
Now that mortgage bonds have broken beneath the channel that has held mortgage...
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Locking bias
Mortgage bonds finally broke out the tight channel that they have been trapped...
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Locking bias
Mortgage bonds have fallen beneath support this morning, slicing through the 25 and...
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Locking bias
Mortgage bonds are back to old behaviors this morning. After briefly breaking out...
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Locking bias
Mortgage bonds climbed higher yesterday, stopping dead in the high level we saw...
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Locking in here would be the safe play
The volatility that often follows the monthly Bureau of Labor Statistics (BLS) has...
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Float into the Labor Day Weekend
The estimate of new jobs created in the month of August was released...
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Watch the market closely if you choose to float into tomorrow
In late afternoon trading yesterday, mortgage bonds lost their strength and closed beneath...
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Locking bias
After breaking below the 25 and 50 day moving averages this morning, mortgage...
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