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,…
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…
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…
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…
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…
A Look into the Markets 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. “The Tide is High, but I’m Holding On” … Tide is High by Blondie Inflation Remains High…
A Look Into the Markets Interest rates have ticked up the past 10 or so days after the Federal Reserve told the financial markets there is broad support to scale back bond purchases and finish those purchases by mid-2022. Let’s talk about three “other” things moving the market between now and the next big Fed…
A Look Into the Markets Home loan rates ticked up and had a bit of a “taper tantrum” after the Fed meeting on Wednesday when Fed Chair Powell outlined the case to scale back or “taper” bond purchases. Let’s break down what was said and what to look for in the weeks ahead. “All my…
A Look Into the Markets Home loan rates were mainly unchanged this past week. Let’s break down what is threatening the financial markets and rates. And let’s revisit the pending technical breakout in mortgage rates in the chart section below. “Let me tell you how it will be. There’s one for you, nineteen for me”…
A Look Into the Markets Home loan rates have bounced around the past couple of weeks in response to good, bad, and even some ugly news. Let’s break down this week’s big news and what it means to the housing market and economy. And let’s look at the pending breakout in mortgage rates in the…