Markets start the day under mild pressure

The FHFA Housing Price Index showed a small MOM gain of +0.1% vs. expectations of a sizable pullback in prices of -0.7%, so this is good beat. The 20 city metro Case Shiller Home Price Index showed...

The real estate market: small changes are happening, but don’t stare too long at them

The subject of buying and selling homes is not a pretty one right now unless...

Three things that can impact rates this week

These are the three areas that have the greatest ability to impact rates this week. 1) Inflation, 2) Jobs and 3) The Fed...

Markets unaffected by overseas turbulence

10 yr. note began the Day -1 bp at 3.68% after diving to 3.62% overnight, driven by increasing unrest in China over the government COVID lockdowns. MBS prices started unchanged...

Short day for markets

Black Friday. Today, a short session and not much expected. No news over the last couple of days that markets are interested in...