Rates Retreating: Good Vibrations for the Market?

This Past Week: Interest rates improved to their best levels since mid-December.  Let’s dive into what happened and get ready for the week ahead. I’m pickin’ up good vibrations, she’s giving me excitations (oom bop bop)…Good Vibrations by The Beach Boys. Treasury Secretary Scott Bessent: In his first interview as Treasury Secretary, Scott Bessent stressed…

Fed in No Rush, But Rates Still Drop

Rates Are Dropping—Even Without a Fed Cut Interest rates improved again last week—even though the Fed didn’t cut rates. So, what’s driving the market? Let’s dig in and see what’s ahead. “I’ve gotta take a little time, a little time to think things over…” – I Want to Know What Love Is by Foreigner “We…

Lower Inflation Sparks Rate Optimism

This Past Week: Interest Rates Improve Amid Inflation Data This past week, interest rates improved from the highest levels of the year in response to inflation data. Let’s talk about what happened and review what to watch in the week ahead. “My, my, my, I’m so happy, I’m gonna join the band. We’ gonna dance…

Bond Market Resilient Amid Economic Uncertainty

Bond Market Resilience Amid Economic Uncertainty In the first full trading week of 2025, the bond market has continued to show resistance. Prices are lower, and rates are climbing. Let’s take a look at what happened and what we can expect moving forward. “When the levee breaks, I’ll have no place to stay” When the…

MMG Weekly: Rates Rise In Spite of Fed Cut

Mortgage rates spiked to their highest level since early July, even after the Federal Reserve cut rates again. Let’s break down what happened and what we should keep an eye on in the coming weeks. “We walk blind and we try to see, falling behind in what could be” Higher Love by Steve Winwood. The…

MMG Weekly: Steady Rates, and Notes From Powell

This past week, interest rates stayed steady at their best levels in over a month. Let’s dive into what happened and what’s ahead. “All good. In the hood tonight” All Good in the Hood Tonight by Jamiroquai. Powell’s Outlook “Pretty, pretty, pretty good.” – Larry David, Curb Your Enthusiasm On Wednesday, Fed Chair Jerome Powell…

MMG Weekly: Markets Like the New Treasury Pick

In this holiday-shortened week, as we pause to celebrate Thanksgiving, home loan rates dipped to their lowest levels in over a month. Let’s explore what drove these changes and take a look at what’s ahead. “Low rider don’t use no gas now, low rider don’t drive too fast”. Low Rider by War. Markets Celebrate New…

MMG Weekly: Rates Resist Urge to Move Higher

Interest Rates: Holding Steady (For Now) Still in a Wide Sideways Range… Interest rates are bouncing around in a wide sideways range, avoiding any new highs—for now. Let’s break down what happened this past week and take a look at what’s ahead. “It’s not so easy to control (pressure) There’s always an easy way to…