ARCHIVED BLOG POSTS
What do you think that the FOMC will do next, Rate cut or No Rate cut? Are they finally going to help the consumer directly? What's your opinion?
Tuesday's bond market has opened in positive territory following the release of this morning's economic news and early stock losses. The stock markets are showing sizable losses with the Dow down 140 points and the Nasdaq down 33 points. The bond market is currently up 7/32, which will likely imp...
This week brings us the release of several important economic releases for the bond market to watch. This will also be a shortened week in the bond market as a result of the Labor Day holiday next Monday. There are six reports along with the minutes from the last FOMC meeting between Monday and F...
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Friday's bond market has opened up slightly despite the release of stronger than expected economic news. The stock markets are showing early gains with the Dow up 38 points and the Nasdaq up 2 points. The bond market is currently up 3/32, which will likely keep this morning's mortgage rates clos...
Thursday's bond market has opened in negative territory again as investors sell holding to capture profits form the recent rally. The stock markets are showing minor losses with the Dow down 2 points and the Nasdaq down 10 points. The bond market is currently down 2/32, which will likely push thi...
Wednesday's bond market has opened in negative territory following sizable stock gains. Stocks are rallying with the Dow up 11 points and the Nasdaq up 25 points. The bond market is currently down 9/32, which will likely push this morning's mortgage rates higher by approximately .125 - .250 of a ...
Tuesday's bond market has opened in positive territory again as investors seek safe-haven from stock volatility. The stock markets are showing small gains with the Dow up 25 points and the Nasdaq up 10 points. The bond market is currently up 9/32, which will likely improve this morning's mortgage...
I don't know about all of you but I feel that Mortgage Lenders have made a lot of money during the last few years with the Sub Prime Boom and are still being greedy as many are closing their doors. In my opinion if many of these lenders would go through their portfolios and look at the people tha...
Monday's bond market has opened in positive territory after the stock markets have failed to build on Friday's rally. The major Dow and Nasdaq initially opened with modest gains, but have since fallen into negative territory with losses of 22 points and 5 points respectively. The bond market is c...