Stocks are pointed lower in premarket trading while mortgage bonds continue to make small gains within a steep upward price channel. So far, mortgage bonds have remained above the multi-layer support that is critical for bonds to see rates continue…
`
`
The markets are constantly moving! Get Mortgage Mike's daily market updates
Additional Articles
Bonds Break a Significant Ceiling
Mortgage bonds are showing strength, and are now above the significant ceiling of...
Read More
Bonds Continue to Battle a Tough Ceiling
A defiant President Trump came out and said his plan is to let...
Read More
Healthcare Reform Bill Fails Again
President Trump’s agenda suffered another blow last night when two Republican senators announced...
Read More
Quiet News Day
Although many Americans are feeling good about the future of the US economy,...
Read More
Bonds Gain Strength, Then Lose It
Investors entered the market with a show of strength this morning, driving stocks...
Read More
We will maintain our locking bias
The stock market is climbing today, once again nearing all-time high levels. The...
Read More
Fed to Focus on Balance Sheet
The stock market hit an intra-day all-time high in early morning trading. ...
Read More
Another quiet economic news day
Bonds are still showing a lack of strength today after making a failed...
Read More
Bonds still lacking strength, but showing hope
Stock and bond markets are trading near unchanged levels this morning, as markets...
Read More
Still Need Help?