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…