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Stand by and be ready!

Mortgage bonds fell sharply after the BLS (Bureau of Labor Statistics) announced that the US economy added 175,000 jobs in the month of February.  While the market was expecting only 150,000 new job creations, this report did beat expectations but…

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Locking Bias

The stock market continues its euphoric intoxication, as investors push the stock indexes...
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Limited gains at best, locking bias

Mortgage rates took a step higher so far this week following the stock...
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Due to current market risks, we recommend a locking bias

As an example to demonstrate the short sidedness of the stock market, look...
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Keep a close eye…..

Russia’s President Vladimir Putin has declared this morning to invade Ukraine to protect...
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Big reports released this morning/locking bias

The big report of the week was released this morning, with GDP showing...
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Cautiously floating and watching

Mortgage bonds are slightly higher this morning, and have broken above the downward...
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Floating Bias

December’s New Home Sales were released this morning at 468,000 units.  This surprisingly...
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Float or Lock, that is the question….

Yesterday’s S&P 500 rally stumbled in the late day and failed to close...
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Locking Bias

Mortgage bonds are flat so far this morning.  More importantly, the S&P 500...
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