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Market Comment for Week of January 18th…
MARKET COMMENT Mortgage bond prices rose last week pushing mortgage interest rates lower. The bond market rallied nicely Tuesday following moves by China to curb growth. Oil prices fell almost...
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Market Comment for the Week of January 25th
MARKET COMMENT Mortgage bond prices rose last week pushing mortgage interest rates lower. The bond market rallied following crumbling stocks as the DOW fell 213 points Thursday. Weekly jobless claims...
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Market Comment for Week of February 15th
MARKET COMMENT Mortgage bond prices fell last week pushing mortgage interest rates slightly higher. The early part of the week saw a reversal of the recent flight to quality buying of US investments...
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Market Comment for Week of March 29th
MARKET COMMENT Mortgage bond prices fell last week pushing mortgage interest rates considerably higher. The Treasury auctions resulted in poor foreign demand for US debt instruments. Unfortunately...
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Market Comment for Week of April 5th
MARKET COMMENT Mortgage bond prices fell again last week pushing mortgage interest rates higher. The Fed ended the mortgage backed securities purchase program last Wednesday. There was no coincidence...
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Market Comment for Week of April 26th…
MARKET COMMENT Mortgage bond prices fell last week pushing mortgage interest rates higher. The first portion of the week had very little data. Leading economic indictors came in stronger than...
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