MMG Weekly: Fed Meeting Breakdown

A Look into the Markets This past week, the FOMC released their Monetary Policy Statement, and Chair Jerome Powell hosted a press conference to discuss the economic outlook and the path of interest rates. Let’s discuss what was said, how the markets reacted, and what the future may hold. “Don’t you, forget about me -…

MMG Weekly: Rates are Fed Up

A Look into the Markets Home loan rates ticked up this week to the highest levels in two years. Let’s discuss what’s happened this past week and what to watch in the weeks ahead. “Up, Up, Up – Can only go up from here” …Up by Shania Twain Interest Rates Rising Globally The U.S. bond…

MMG Weekly: The Price Is Not Right

A Look into the Markets This past week, rates crept to two-year highs, while stocks were able to bounce higher after their recent selloff. Let’s discuss what’s happened this past week and what to watch in the weeks ahead. “Come on Down”…Bob Barker – Legendary host of The Price is Right Prices are Soaring “Inflation…

MMG Weekly: A New Year, A New Fed Tone

A Look into the Markets We are only a few days into the new year and are already seeing incredible volatility in the financial markets. The Minutes to the December FOMC meeting were released and stock, bonds, and rates didn’t like what they heard. Let’s discuss what’s happened in this first trading week of 2022…

MMG Weekly: Ushering in the New Year

A Look into the Markets As we enter 2022, let’s discuss what’s happened in this final trading week and what to watch for as the New Year begins. “Nothing changes on New Year’s Day” – New Year’s Day…by U2 1.) Markets Looking Beyond Omicron This week mortgage-backed securities (MBS) lost pricing, causing home loan rates…

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…