Good morning and as I stated in yesterday’s radio program, I have delayed this week’s report until today since the markets were closed yesterday and I wanted to give you a better view of what lies ahead. Of course, flying in from Rio de Janeiro yesterday early morning certainly doesn’t keep one
Excerpt from:
Mortgage Market Update – July 6, 2010
- Mortgage Market Update – June 28, 2010
Bom dia! Estou ainda em Rio de Janeiro, Brasil. Well, last night the airplane had a part that needed to be replaced and they could not get it to the airport in time before we “timed out” for our flight home. As a result, I have an extra day in Rio, which .. - Mortgage Market Update – July 12, 2010
Happy Monday morning to all and it is another bright, sunny day here in South Florida. Unfortunately, things are not so bright in the mortgage backed securities market and exactly where MBS prices, and thus mortgage rates, are going to go could get very interesting this week. Remember that last week I .. - Mortgage Market Update – July 12, 2010
Happy Monday morning to all and it is another bright, sunny day here in South Florida. Unfortunately, things are not so bright in the mortgage backed securities market and exactly where MBS prices, and thus mortgage rates, are going to go could get very interesting this week. Remember that last week I .. - Mortgage Market Update – June 21, 2010
What an exciting week last week turned out to be and that will likely continue through this one as well. Shortly after my delayed post last week and after airing my radio show, MBS prices tanked and caused all of those rate alert services to post lock alerts, though I never changed .. - Poor Data Lead to Fed Action; Quiet Week Ahead
On Tuesday, the FOMC announced it would use funds received from prepayments on its MBS holdings to purchase Treasury securities on the open market, effectively allowing it to return those funds into the financial system. ..