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The job report numbers for the month of February were released this morning. Per the Bureau of Labor Statistics (BLS), there were 235,000 new jobs created. This was quite a bit higher than the revised 200,000 anticipated by the market,…
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Locking bias
Strong consumer confidence continues to shape the direction of the US economy. As...
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Locking bias
It was reported this morning by ADP that US employers added 298,000 new...
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Locking bias
Mortgage bond prices continue to slowly move lower as the market braces for...
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Locking bias
Mortgage bonds received a late afternoon bounce after finding a floor of support...
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Great Risk in Floating
Mortgage interest rates have changed from being nearly the best we have had...
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Locking bias
Mortgage bonds continue to drift lower as they search for a floor of...
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Locking bias
Mortgage bond pricing fell off a cliff the past two days, pushing mortgage...
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Locking bias
As discussed in Friday’s update, mortgage bonds faced a significant ceiling of resistance...
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Locking bias
Although mortgage bonds remain above their 50- day moving average, they now face...
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