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Stocks are continuing their slide lower so far today, following through on their losses from Friday. The sell-off is helping support higher bond prices. Both mortgage bonds and the 10 Year Treasury Note are both looking good, with each breaking through important…
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Be on close watch
The bond market is breathing a sigh of relief after the Bureau of...
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Locking Bias going into Tomorrow’s Release
The second of three employment reports was released this morning, showing that Initial...
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Locking Stance
The first of three employment reports was released this morning, with ADP estimating...
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Mortgage Bonds establishing a sideways trading pattern
The S&P 500 is currently at new record highs, again… I still wonder...
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Locking Bias
Mortgage bonds broke below their 200 day moving average this morning. As often...
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Strong Locking Bias
The most significant potential market moving event of the day is the developments...
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Carefully Floating
Another busy news day today. The final GDP for the 4th quarter reported growth...
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Locking Bias
Mortgage applications for the week were reported to be down 3.5% this week,...
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Locking Bias
The Case-Shiller Home Price Index for the month of January was released this...
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