Low and behold, another week goes by and mortgage rates don’t move much in any direction, though they did improve ever so slightly, yet remaining  well within their trading range.  With the earnings reports conflicting with data, it was difficult, at best, for MBS to decide which way to go.
Ok, so let’s look at what [...]

I hope everyone had a great Easter and hopefully only one “bunny” was running around.  Fortunately, this last week was fairly uneventful after I made it back stateside, but the same does not hold true for the mortgage market as last week’s expected volatile week proved overbearing.  Remember that volatility is almost always increased on [...]

Last week was yet another interesting week, both in the mortgage market and with my computer luck.  The Fed was certainly out there buying MBS, having stepped up their net purchasing to over $33 billion, with plenty more expected as market forces try to drive mortgage rates higher.  Just when it started looking like market [...]

Last week didn’t amount to much of a change unfortunately, although it is clear mortgage backed securities, and thus mortgage rates, seem to be trapped between their 25-day and 50-day moving averages and ended the week basically where they began.
Last week was full of news, and even a bit of data to be played into [...]

As I sit in my office this morning and start tweaking my weekly schedule, I can’t help by rehash last week and just how telling the market was, though many missed the little things, and they weren’t even that little.  But before I go into all those details, I have to ask you all a [...]

Traveling across the globe gets tiring after a while, and getting back early in the morning certainly doesn’t help the situation.  Mortgage backed securities appear to be tired of the current situation as well, unable to rally further and mortgage rates ended the week slightly higher as a result.
Last week saw a bit of a [...]