Massive run up in mortgage back securities (MBS) this week leads us to touch on the lowest rates ever recorded. Jobs report came out today and the unemployment numbers as well. The government is doing everything it can to distance itself from the nightmare of the debt ceiling issue that started a huge sell off in stocks over a week ago. Watch the video to get all the goods.
My Position is floating into next weeks reports….
Posted in Daily Updates, Week in Review
Tagged bonds, Debt Ceiling, economy, government, MBS, Mortgage Bonds
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
Real Estate with Tyson
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