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GDP Number Strong

The 2nd quarter GDP estimate came in at 4.2%, beating estimates of 4.0%. Since GDP is one of the most important indicators of economic strength, it is also one of the most important influencers of mortgage interest rates. However, the…

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More Signs of Housing Slowing?

Mortgage bonds are weakening after failing to break above the Fibonacci level that...
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Stocks Climbing… For Now

Bond prices failed to break above the ceiling of resistance once again, which...
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Bonds Pushed to the Green

Jerome Powell made his first public appearance as Fed Chairman in Jackson Hole...
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Bond Rally Ahead??

Stocks and Mortgage Bonds are both trading near unchanged levels. Yesterday, the Fed...
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Political News Dominates Headlines

There has been a lot of potential market moving news in the past...
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Stocks on Path for Record Highs

Mortgage bond prices are falling this morning. However, for the time being they remain...
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Higher Rates Hurting Trump Donors?

Today is a light day for economic news, and it’s a relatively light...
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Consumer Inflation Moves Higher

Mortgage bonds came out of the gates strong this morning, as currency fears...
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Tame Producer Inflation

Mortgage bonds continue to battle the triple ceiling of resistance that has held...
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