Tag Archives: Auctions

Mortgage Market Update 9-27

Mortgage bonds are down again for the third day in a row. Successfully giving back nearly all the rate gains we had seen last week.  Why you ask are did we lose steam on that amazing rate rally, well watch the video to find out.  I’m moving to a cautiously floating stance as we near the bottom end of the new trading channel.  Today’s news held for us national home price levels and consumer confidence numbers, plus we kick off the first of 99 billion in auctions today.

Week in Preview 7-25

Still no resolution to the debt ceiling issues and this helped rates move a leg higher last week and is putting pressure on rates today…this week we have on tap,  99 Billion in Treasuries that are set to be auctioned off. Ever wondered what a Trillion looks like: What does one TRILLION dollars look like

Cautiously Locking until debt ceiling issues are resolved

Week In Review 7-15

Overall this was a pretty good week, we lost a little ground in interest rate, but 3 bond auctions went off all having good results.   There is a new trend developing in the rate market watch the video to see.  Also check out a couple new bill looking at being introduced to Congress.  Am I Locking or Floating????

Week in Preview 7-12

This week we have the FOMC meeting kicking off and our normal plate of Coupon Auctions.  This week we are also riding a fight to quality bid, and rates approaching again the best levels of the year.  Watch the video to hear more and see the charts as we lifted off the lows of the year on Friday!!!