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Mortgage bonds are trading strong this morning. From a technical perspective, they appear to be working their way sideways outside of the downward trading channel that has pushed rates higher the past couple of months. However, don’t celebrate too early….
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Additional Articles
Mortgage Rates Hit Multi-Year Highs – Again
Mortgage bonds tanked yesterday following the release of the Fed Meeting Minutes. As...
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New Construction Continues to Boom
Mortgage bonds have again traveled to the top of the downward trading channel....
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Mortgage Rates Continue to Climb
Stock markets around the globe continue to recover. Here at home, the S&P...
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Interest Rates Remain in Upward Trend
The National Federation of Independent Business (NFIB) showed that optimism among small business...
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Stocks Making a Come-Back
Stocks are moving higher this morning. After hitting their 200-day moving average...
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Stocks Likely to Bounce After Hitting 200 Day Moving Average
Stocks are all over the board this morning. After climbing in early morning...
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Stocks and Bonds Continue to Struggle
The bond market continues to fall, with mortgage interest rates setting new multi-year...
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Stocks Strong but Somewhat Hesitant
Stocks are blasting higher today, following through on yesterday afternoon’s rally. At this...
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Market Volatility Continues
U.S. stock markets are swinging wildly this morning, as investors appear unsure as...
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