Existing home sales were reported down 5.1% in January, which is well below expectations and also at the lowest levels seen in 18 months. Mortgage bonds faced another rough day yesterday. This is concerning mainly because the soft economic reports…
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Additional Articles
Locking Bias
Mortgage bonds broke below the triple layer of support yesterday following the release...
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Cautionary Floating Stance
Mortgage bonds started the day stronger after mostly bond friendly news was released...
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Locking Bias
Mortgage bonds are slightly higher this morning after the Fed Empire Index came...
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Happy Valentine’s Day!
Happy Valentine’s Day! Mortgage bonds are down today, currently sitting on a triple...
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Not worth the gamble, continue a locking stance
Mortgage bonds are beginning the day making up for yesterday’s losses. However, although...
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Locking Bias
Mortgage bonds are again down today, and stocks are pushing higher. As we...
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Mortgage bonds fell in early trading today
After hitting multi-month highs, mortgage bonds fell in early trading this morning. The last time mortgage bonds...
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Better to lock than risk the float
Mortgage bonds are slightly positive this morning, as they continue to trade just...
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Suggesting a locking bias
The highly anticipated BLS Employment Report was released this morning. While the market...
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