So all that great vibe that came out of the G8 Summit from last weekend regarding the backing of Greece staying in the EU, well let’s just forget that it even happened. Let’s just chalk it up as a…
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We are starting off the week pretty much unchanged in the bond markets as the 10yr is sitting comfortably at 1.73%. With a light economic calendar today, I do not expect much volatility and expect the…
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A happy Friday to everyone and all-in-all it has been a good week in our world. The bond markets have had a steady grind towards lower rates even though we are starting the morning down from yesterday’s…
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(Image courtesy of Dave Granlund)We are starting off this Wednesday with a little bit of a relief trade reversal…relief if you are a stock trader. The Dow has fallen almost 700 points from its most recent…
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So we take a week off from this little wealth of information that we provide due to the Secondary Conference as well as me just getting back into the groove and now we see that the world is coming to an…
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(Image courtesy of Mike Keefe)So here we are on the much anticipated NFP report day, which the markets were waiting on since the non-eventful FOMC statement. Well this is kind of like the movie Groundhog’s…
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The bond markets are up a little bit to start the day but we are really just getting back to where we were yesterday morning after we did get a little sell-off that started late in the morning.  The ADP…
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The amount of all cash buyers coming from overseas is amazing. Not so much for our friends in the mortgage business, but in terms of closing deals quick and easy, im all for it!Elan
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There was a lot expected of this week and it turns out that the build-up was far more exciting than the results. As mentioned on Wednesday afternoon, the Fed announcement and subsequent press conference…
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Much like the high-powered executives who race to get to the Hamptons in two hours on a summer Friday, commercial lenders disregarded regulators’ meek enforcement of lending speed limits during the boom.Today,…
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The bond markets are opening slightly up to unchanged from yesterday’s close. We see the 10yr hanging firm below 2.00% at 1.98%. There is no meaningful economic indicators that have or will come out…
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We are starting off the week on a good note (unless of course you locked your pipeline on Friday) as the bond market is up a little bit with the 10yr trading outside the recent tight range at 1.92%. I…
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Well the day is finally here for what I know the markets have been looking to ever since the weak NFP back on 4/6. That is the Federal Reserve Open Market Committee (FOMC) statement on Fed monetary policy.…
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The bond markets have clearly established a new and tight range since the NFP number on 4/6. Since then the 10yr has traded in a 2.04-1.98 range which I think is very tight over 6 trading days. It shows…
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It is just amazing how one strong NFP number has changed the tone of the financial markets. It seems like only yesterday (actually Friday morning @ 8:29) that the financial markets were preparing for the…
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To keep in-line with the religious theme over the next few days….HOLY S*@T!! I think this is what a lot of economists screamed this morning when they heard the release of the NFP report showing that…
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I guess this was all just a bad dream. Sort of like the Wizard of Oz but without the creepy little people. I guess what goes down must come up. Sort of like bad Mexican food. Alright, enough of that lame…
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The bond markets are opening pretty much unchanged to slightly improved from last night’s close. For the most part we have been seeing a slow grind of improved mortgage prices and lower bond yields…
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We are starting off the week with a slightly improved bond market with the 10yr sitting at 2.19%. We have been a little quiet on the Market Updates because quite frankly there has been very little to…
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I guess as long a we end the week on a good note then we forget about all the pain and suffering that happened in the beginning of the week. I am happy to say that we are on track with being able to go…
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