Tag Archives: locking

Week in Preview 6-27

End of QE 2 this week quite possibly spells the end of low mortgage rates as we know it.  Expect major volatility this week with major reports and 4th of July light trading volume.  MBS are taking a beating already, watch the video to get all the details you do not want to be caught off guard this week…..Find out if i’m floating or locking….

ALERT TO LOCK

Alert to Lock the MBS broke below the 200 day moving average, on rising inflationary news. Tomorrow we have the CPI numbers which could further erode the bond market given that we did fall through that 200 day floor.  To exasperate the issue we fell off the Up Escalator, putting a short-term end to our rate rally.

 

Week In Preview 5-23

This week we are looking at Bond auctions and some inflation reports at the end of the week, click to play the  rate report and find out if I’m locking or floating… Don’t forget to subscribe!

Week In Review 5-20

Rates stay pretty much unchanged this week, with little economic news reported.  Take a look at the chart and notice how a crossroad is emiment in the very near future.  MBS are near unchanged today…lock short, float long.

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WEEK IN PREVIEW 5-16

This week in preview we look to Thursday for the only real market moving reports, also I am recommending locking 30 day closings and floating longer transactions. Mortgage rates improved from last week. Volatility should be low this week.  MBS are still pressed up against the 200 day moving average.