After hitting up against the 50 day moving average, mortgage bonds were pushed lower in late trading yesterday. The stock market was able to regain some of their losses and close just below a critical level of support. This was…
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Safe play is to lock
The stock market is starting out 2016 under pressure, with the DOW Jones...
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We can carefully float here
Mortgage bonds bounced higher this morning, breaking out of the downward channel that...
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Locking bias
Mortgage bonds continue to hug the support line that has held mortgage rates...
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Locking bias
Mortgage bonds are slightly positive and stocks are down as we begin the...
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Locking bias
Mortgage bonds fell down to the bottom of the channel we referenced in...
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Risk to float is too high-Locking bias
Mortgage bonds lost their battle with the 25 day moving average and are...
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If you choose to float, be cautious….
Today is a slow economic reporting day. However, the week heats up starting...
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We can cautiously float here, but please watch closely if you choose to
The bond market so far seems to like the recent increase in the...
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Fed Funds Rate vs Mortgage Rates
As we all know, the Federal Reserve did hike the Fed Funds Rate...
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