06/24/2022
Financial markets leaning toward the end of higher rates and inflation next year; a pullback in commodities and the prospect of easing price pressures prompted traders to price in a peak for Fed rate hikes by the end of the year. If the Fed does...
06/17/2022
By the end of the day yesterday the 10 yr. note was down 8 bps and MBS prices down 2 bps; it was another volatile session, MBSs at 9:30 am ET yesterday down 102 bps and the 10 at 3.44%. This morning...
06/10/2022
Okay, so it’s understandable to hesitate when making this analogy: do you wash your dog’s bed even 1/10th as often as you change your sheets? Probably not. But you figure...
06/09/2022
Initial Weekly Jobless Claims increased by 229K vs. est. of 210K. The more closely watched 4 week moving average moved upward to 215K. Continuing Claims were...
06/06/2022
The straw that stirs the soup, so to speak. If you want more housing (which we DO), home builders must build more homes. And they can’t do that without a big labor force...
