MMG Weekly: Omicron Hits the Financial Markets

A Look into the Markets The financial markets are entering the 2021 Holiday season in a volatile fashion in response to Omicron, Build Back Better fallout, and the threat of Fed rate hikes in the coming year. Let’s discuss what’s happening and look at what to expect in the final week of the year. “Surprised,…

MMG Weekly: Fed Meeting Highlights and Market Reaction

A Look into the Markets 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 weeks ahead. “Where are you…

MMG Weekly: Markets Bracing for the Fed Meeting

A Look into the Markets 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. “For now I smell the rain, and…

MMG Weekly: Fed Surprise Flip Flop

A Look into the Markets 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. “It’s gonna take plenty of money,…

MMG Weekly: Bracing for Pre-Pandemic Home Loan Rates

A Look into the Markets 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. “Can you Take Me High Enough?”…High Enough by Damn Yankees Consumer Sentiment…

MMG Weekly: Three Things Moving the Markets

A Look into the Markets 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. “It’s like the more money we come across,…

MMG Weekly: Fed Tapers, No Tantrum

A Look into the Markets 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, take a look at an important chart and…

MMG Weekly: Fed Tapers, No Tantrum

A Look into the Markets 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 ahead. “Who propped…

MMG Weekly: Three Reasons Rates Might Have Peaked

A Look into the Markets 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 to watch for in the…

MMG Weekly: Three Things Moving the Markets

A Look into 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. “Truckin’, got my chips cashed in” … Truckin’ by The Grateful Dead Buy on the Dip is Back…