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Mortgage rates continue their uphill climb that has been fueled by Friday’s Bureau of Labor Statistics (BLS) report on the job market. At this point, bonds are sitting at a critical level where breaking lower would lead us to see…
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Rising rates/Locking bias
Just like a perfect title to a country song, “I feel a strong...
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Locking bias
Mortgage bonds continue to drift lower today in advance of tomorrow’s Bureau of...
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Locking bias
We received the first of three reports on the job market this morning,...
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Lock Lock Lock
The pressure against the bond market continues again today, with both the stock...
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Lack of data to drive markets today, so we will maintain our locking bias.
Mortgage bonds remain trapped beneath their 200 day moving average, so far not...
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Locking bias
Mortgage bonds improved a bit this morning; however they remain beneath the ever...
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Locking bias
Mortgage bonds dropped from the tip top of their trading channel yesterday morning...
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Locking bias
After making a failed attempt to break out of the channel that has...
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If you choose to float, watch the market closely
Durable Goods Orders for the month of September were reported this morning to...
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