In line with expectations, mortgage bonds performed poorly yesterday as a result of the Federal Reserve meeting minutes’ release. Although there was very little surprise in the report, the very thought of delving into the thoughts and words of Fed…
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Great time to lock
The US stock market found support just above its 25 day moving average...
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Float cautiously
Mortgage bonds are holding right near multi-year high levels. This puts mortgage rates...
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Too risky to float
Mortgage bonds are holding at multi-year highs, which has mortgage interest rates nearly...
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Locking bias
The Bureau of Labor Statistics released their estimate of new job creations for...
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Risk to float is just too high
Mortgage bonds are once again attempting to make a break above the Fibonacci...
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Great time to secure a rate
After breaking above the 25 and 50 day moving averages, mortgage bonds are...
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Watch the market closely
After facing weakness in late day trading yesterday, mortgage bonds came out of...
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Floating at this level is very risky
It’s a busy news week this week, highlighted by Friday’s Bureau of Labor...
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Locking bias
There has been an increase in chatter from Wall Street traders and economists...
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