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The Day After the Fed Meeting

The day after the big Fed rate announcement has been relatively uneventful in the markets, despite quite a few economic reports released today.  GDP final revision for Q2 at 4.2%, durable goods well above expectations, and jobless claims  very close…

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Moving Out of the Locking Bias

To no one’s surprise, the Federal Reserve raised short term rates for the...
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The Day Before the Fed Meeting….

Consumer Confidence posted close to an 18-year high and housing prices increased again,...
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Cruise Control

It’s Monday and we’re on cruise control for the most part as there...
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Watch Rates Go…….

With no economic reports to move the markets today, stocks and bonds are...
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Rates at Seven Year High

Mortgage interest rates continue to climb higher, as yields in the debt market...
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Rates at Multi-Year Highs

Mortgage interest rates continue to climb and have now set new multi-year highs....
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Mortgage Rates Approach Multi-Year Highs

The downward trading channel continues to drive mortgage interest rates higher. Bond prices opened...
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Rates Continue to Climb

Mortgage bonds remain trapped in a strong downward trading channel, as mortgage interest...
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Retail Sales -Strong Overall

Mortgage bonds have been unable to break out of the downward trading channel...
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