The Fed emphasized their continued commitment to purchase both Treasuries and MBS through October. Market reaction has been volatile
No change in the Fed Funds interest rate and not [...]
If the Chinese start selling their gazillion dollars worth of treasuries, mortgage pricing will get ugly fast. That is not today’s case.
Import Prices fell .2% versus the .8% fall that was [...]
Call the market neutral with a slight edge toward the bears. Mortgage pricing should however, hang it there a current levels.
Meant to post this yesterday.... Fed Chief Ben Bernanke, speaking [...]
Our one trick pony (Federal Treasury) buying mortgage backs, attempting to keep mortgage rates low
Slip sliding away, you know the closer your destination , [...]
Good time to take advantage of the rally as god knows what those on the Hill will do to us as the day moves on
Markets are locked and loaded with the: Treasury Secretary Geithner’s [...]
This market is not out of the woods by any means but the potential for a nice rally to develop is clear
Weekly Unemployment Claims hit the tape this morning, up 35K [...]