Mortgage Rates May 26, 2015 No, I’m not talking about the Cubs fans who are talking about playoff baseball in May (chuckle). The “pennant” is the current formation Mortgage Backed Securities have taken. The pennant is a sharp movement in one … [Read more...] about Racing for the Pennant
Archives for May 2015
Mortgage Rates May 20, 2015 Good news so far, the tone was fairly cautionary and most members said a June hike was unlikely. The chart I’ve attached goes back to October of ‘14, but the 200 DMA is very important. If I could draw this back to … [Read more...] about Rates after the FED minutes and the little blue line
Mortgage Rates May 15, 2015 Mortgage Backed Securities have rallied in the past 2 days and rates are heading back in the right direction. The little blue line that says 100.73 is the 200 day moving average, and crossing convincingly above it is … [Read more...] about The Little Blue Line that Could!
Mortgage Rates May 14, 2015 Mortgage rates were trending up the past several weeks, but Monday was about as pretty as ice storm in July for Mortgage Backed Securities. They had one of their worse days in a year, but there is GOOD news he have 3 … [Read more...] about After Effects of the case of Mondays
Mortgage Rates today, May 5, 2015. The Mortgage Rate Drift. Unfortunately I’m not talking race cars; Mortgage Backed Securities continue their move lower this week. As I have been saying for a while: lock, lock, lock. Now that I’ve said that, … [Read more...] about The Mortgage Rate Drift