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Mortgage bonds had a day off yesterday to celebrate Columbus Day. However, bonds opened strong after bouncing off the 200-day moving average as we predicted in Friday’s market update. After this level held, it strengthens the floor and hopefully represents…
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Additional Articles
Mortgage Rates Continue to Climb Higher
The rapid climb higher in the U.S. stock market continues this morning, with...
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Is it Groundhog Day in the stock market?
Stocks continue to advance higher, again setting new all-time high records. It feels...
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Quiet day for scheduled reports
Both mortgage bonds and stocks are higher this morning, with stocks again setting...
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Vegas Tragedy – Stock All-Time Highs
Stocks are setting new all-time high records, as the country mourns those impacted...
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Bonds continue to show weakness
Stocks continued their climb higher this morning, reaching new all-time high levels once...
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Bearish Signals for Bonds
As expected, mortgage bonds bounced off the ceiling and have fallen rather dramatically...
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More of the same from the Fed
Mortgage bonds are flat on the day so far, as investors continue to...
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Bonds Break Above their 50-Day Moving Average
Mortgage bonds are climbing higher this morning, taking over their 50-day moving average...
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Ongoing locking bias
As anticipated, the Fed left interest rates unchanged and will begin the process...
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