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Labor Market Heats Up Again

The Dow Jones Industrial Average just surpassed the 25,000 mark, which is clearly another record high.  The last 1,000 points of this level grew within the past 23 days, making this the fastest 1,000-point gain in the history of the…

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Oil Prices Top $61 Per Barrel

Stocks are setting new record highs again this morning, with the S&P 500...
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Stocks Begin 2018 with a Boom

Mortgage bonds ended 2017 with a mini rally. However, hopes of continued improvements...
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Traders Prepare for the New Year

Bond and stock markets are trading light this morning, as many investors start...
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Bonds Bounce Lower

After hitting their 25-day moving average yesterday, mortgage bonds have begun retreating. Given...
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Bonds Make Small Technical Improvements

Mortgage bonds have made some gains this morning. With all moving averages above...
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Interest Rates as we Head into 2018

Markets are trading lightly, as would be expected for the day after Christmas....
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Bonds at Critical Juncture

The House and Senate have successfully passed the largest tax reform bill in...
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Tax Reform Almost Law

Senate Republicans approved the Tax Reform Bill yesterday.  The House also approved the...
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Tax Reform Drives Mortgage Rates Higher

Mortgage bonds are losing their composure, now near the lowest levels we have...
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