Today is Fed day, with the interest rate and policy update due at noon MST. Although there is virtually zero chance the Fed will raise interest rates, with the recent developments in Europe, investors will be listening closely to any…
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Locking bias
Today is Fed day, with the interest rate and policy update due at...
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Great risk in floating
Mortgage bonds continue to battle the overhead resistance level that has held interest...
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Locking bias
Mortgage bonds are once again trying to make a break above the critical...
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Locking bias
Stocks are falling this morning and mortgage bonds are climbing a bit higher...
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Locking bias
Mortgage bonds remain within striking distance of reaching multi year lows. Further, the...
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Locking bias
With a report that stunned the markets, the Bureau of Labor Statistics (BLS)...
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Locking bias
ADP released their estimate of new job creations for the month of May...
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Prepare to lock
Yesterday’s bond market trading ranged from dropping below the floor of support, climbing...
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Too risky to float
‘Lackluster’ continues to be the best way to describe the performance of mortgage...
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