According to the Bureau of Labor Statistics (BLS), the US economy added more jobs than anticipated in the month of June. The report showed that there were 213,000 new job creations, while the market was anticipating around 190,000. However, the…
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Monthly Job Growth for June
The strategic tension between the United States and China seems likely to intensify,...
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Supply and Demand Likely to Drive Rates Higher
The 25 day moving average held yesterday, preventing mortgage interest rate pricing from...
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Waiting for Job Market Reports
This will be a big week for economic reports, highlighted by Thursday’s ADP...
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Bond Prices Fall
After a failed attempt to climb above their 100 day moving average, mortgage...
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Bonds Face Tough Resistance
Mortgage bonds have held their ground so far. However, with limited room before...
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Awaiting A Stock Rally
Mortgage bonds remain trading in a tight range once again this morning, as...
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Stocks Fall Hard
Mortgage bonds are now in a precarious position, after being pinched out of...
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Bonds Forced to Decide a Direction Soon
Stocks are climbing higher today, while mortgage bonds continue to get squeezed between...
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Mortgage Bonds Lose Battle Over 50 Day Moving Average
Trade tensions waned following Monday’s threat made by President Trump against China. The...
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