• Skip to primary navigation
  • Skip to main content
  • Skip to footer

Better Rate Mortgage

Better Rate Mortgage. Open The Door To More.

phone
address
start
  • Buyer Learning Center
  • PREAPPROVAL
    • First Time Home Buyer
    • START HERE
  • FHA
    • Low Down Payment
    • FHA Streamline Refinance
    • FHA 203B
    • FHA 203K
    • USDA
  • VA
  • Conventional
    • HomeReady
    • Home Possible
    • Homestyle Renovation Mortgage
    • Refinance
    • Debt Consolidation Loan
    • Adjustable-Rate Mortgage
    • Reverse Mortgage
  • Jumbo
  • Calculator
  • Rates
  • News
    • Published Articles
  • Team
    • Better Rate Mortgage
    • Job Opportunities
    • Realtor Partners
  • Contact Us
You are here: Home / Blog / Will they stay or will they go?

Will they stay or will they go?

October 29, 2015 by Sean Zalmanoff

MBS have dropped below the 200 DMA, day moving average, this morning.  This is not a good start today.  From yesterday at noon until now MBS have dropped about 60 bps.  Yesterday the Fed statement said they were a little concerned about inflation, but also downgraded their look on employment.  The jobless claims in the last quarter have been close to best in a decade, so it is interesting as to what they know and what the data is saying.  This did 2 things that were not bond friendly:  1) it gave stocks momentum and 2) it made the markets think a rate hike is not coming in December.  Who knows what will happen, but I strongly suggest LOCKING; the 4+ week trend above the 200 DMA has been pierced.

10 29 15 mortgage rates

Filed Under: Blog

Footer

Sean Zalmanoff: Better Rate Mortgage

1118 Hampton Ave
St. Louis, MO 63139
(314) 361-9979

  • Facebook
  • Instagram
  • LinkedIn
  • Twitter
  • YouTube

usa-mortgage-five-star

Copyright © 2022 · Sean Zalmanoff: Better Rate Mortgage · Log in
1118 Hampton, St. Louis, MO 63139
Gordon Barnhart NMLS: 554310, MO: 4021-MLO, KS: LO.0030115, IL:031.0038789, CA: CA-DB0554310.
Derek Jackson NMLS: 1257690, MO: 10597-MLO.
Christen Cullman NMLS: 1629560, Missouri.
Sean Zalmanoff NMLS: 239823 MO:70-MLO

equal-housing

California, Illinois, Kansas, Missouri Residential Mortgage Licensee, Company NMLS 22762

  • Privacy Policy
  • Buyer Learning Center