Last Week in Review: Fed Meeting Highlights and Market Reaction It was Fed week. The highly anticipated Federal Reserve meeting took place last Wednesday, where they issued the FOMC monetary policy statement and Fed Chair Powell held a press conference. Let's break down what happened, the market's reaction, and what to look for in the […]
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This past week, mortgage-backed securities (MBSs) moved lower and are trading near 2021 price lows, pushing mortgage rates up near the worst levels of the year. Let's talk about three things moving the markets and what to look for in the weeks ahead. 1. Omicron Safe Haven Trade Unwinds The financial markets had panicked in […]
Last Week in Review: Fed Surprise Flip Flop This past week, we watched mortgage-backed securities (MBSs) bounce higher off 2021 price lows, helping home loan rates modestly improve from their worst levels of the year. Let's talk about three things moving the markets and what to look for in the weeks ahead. 1. Fed Chair […]
This past week, we watched mortgage-backed securities (MBSs) make 2021 price lows, which means the highest home loan rates in 2021. Let's talk about three things moving the markets and what to look for in the week ahead. 1. Consumer Sentiment Remains Near a Decade Low The Michigan Consumer Sentiment for October was reported at […]
This past week, we watched mortgage-backed securities (MBSs), drift down near the lowest prices of 2021, which means the highest home loan rates in 2021. Let's talk about three things moving the markets and what to look for in the week ahead. 1. Let the Taper Begin The Fed officially started tapering or scaling back […]
Last Week in Review: Fundamentals and Technicals Collide This past week, we watched mortgage-backed securities (MBSs) touch their highest level since late September, meaning the lowest home loan rates. But the good vibes and rate improvement were quickly halted as prices hit key technical barriers. Let's break down what happened. 1. Global Yields Decline The […]
Last Week in Review: Fed Tapers, No Tantrum This past week, the highly anticipated Fed Meeting took place. As expected, the Fed announced it will taper bond purchases starting later this month. The good news? Bonds and stocks didn’t have a tantrum. Let’s break down what happened and what to look for in the weeks […]
Last Week in Review: Three Reasons Rates Might Have Peaked After weeks of prices dropping and rates creeping higher, mortgage-backed securities (MBS) bounced sharply higher this past week - helping home loan rates improve week over week. Let's break down three reasons why we might have just seen the highest rates in 2021 and what […]
Last Week in Review: Three Things Moving the Markets Interest rates ticked up week over week and are near the highest levels of 2021. Let’s break down three things moving the markets and what to watch for in the weeks ahead. 1. Buy on the Dip is Back Stocks had a bad September, with the […]
Last Week in Review: The Cure for Higher Rates Interest rates ticked up just slightly week over week. However, we might have seen a near-term peak in rates. Let's break down what happened and talk about what to watch for next week. 1. Inflation Remains High The Consumer Price Index (CPI) for September showed prices […]