- /
Uneventful Summertime Monday
Uneventful Summertime Monday Volume and--sometimes--volatility can be generally lower in the middle of the summertime months as fewer traders are consistently at bond desks--especially on days adjacent to 3-day holiday weekends. Today was a classic example. Bonds barely budged and volume is on track
Read More
Mortgage Rates Start New Week Flat
Volatility is always a risk surrounding 3 day holiday weekends when it comes to markets and mortgage rates, but this time around, things have been very calm. The average top-tier 30yr fixed rate remained almost perfectly flat versus last Thursday with the MND index technically falling by 0.01%. This
Read More
HELOC, AI POS, LOS Tools; Pay Attention to Agency Changes; Housing Surplus?
One of the key selling points for an LO talking to a potential client about becoming a homeowner is the landlord/client relationship, which can go awry. (Pearl is the daughter of the short film’s director, by the way.) There are many reasons why renters aren’t owners, like, “can they not afford a re
Read More
Steady Start; No Drama From ISM Data
Bonds weathered the 3-day weekend without issue. We started the day modestly stronger, but have moved back closer to unchanged levels in the first 2 hours. The day's only big-ticket (or semi-big-ticket?) econ data was the ISM Services index, but admittedly, that has more of an impact when it's relea
Read More
Categories
Recent Posts
Social Feed
View More