RECENT BLOG POSTS
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Wednesday's bond market has opened well into negative territory again despite weaker than expected economic data. The stock markets are showing strong gains again with the Dow up 175 points while the Nasdaq has gained 58 points. The bond market is currently down 16/32, which will likely push this...
11/28/2007
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Tuesday's bond market has opened down sharply, reversing yesterday's major rally that came during late afternoon trading. Today's economic news was weaker than expected, but has failed to stop the selling in bonds and buying in stocks. After closing down 237 points and 55 points respectively yest...
11/27/2007
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Today's bond market has opened up slightly with no relevant economic news scheduled for release today and early stock losses. The stock markets are currently in negative territory with the Dow down 46 points and the Nasdaq down 18 points. The bond market is currently up 5/32, which should improve...
11/26/2007
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Wednesday's bond market has opened strong following early stock weakness and concerns about the economy next year. The stock markets are showing sizable losses with the Dow currently down 130 points while the Nasdaq has fallen 35 points. The bond market is currently up 23/32, which will likely im...
11/21/2007
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Tuesday's bond market has opened in negative territory following early stock strength. The stock markets are rebounding form yesterday's losses with the Dow currently up 104 points while the Nasdaq has gained 31 points. The bond market is currently down 11/32, which will likely keep this morning'...
11/20/2007
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This holiday-shortened week brings us the release of only three factual economic releases. However, none of them are not likely to affect mortgage rates much. The bond market is expected to close early Wednesday and Friday and be closed the entire day Thursday in observance of the Thanksgiving Da...
11/18/2007
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Thursday's bond market has opened up slightly after this morning's inflation reading didn't reveal any surprises. The stock markets are showing small gains with the Dow up 7 points and the Nasdaq up 2 points. The bond market is currently up 4/32, which will likely improve this afternoon's mortgag...
11/15/2007
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Wednesday's bond market has opened in negative territory despite weaker than expected economic news. The stock markets are relatively calm with the Dow up 20 points and the Nasdaq down 1 point. The bond market is currently down 8/32, which will likely push this morning's mortgage rates higher by ...
11/14/2007
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Tuesday's bond market has opened in negative territory following early stock gains. The stock markets are showing early strength with the Dow up 130 points and the Nasdaq up 35 points. The bond market is currently down 8/32, but we will likely see little change from Friday's rates due to strength...
11/13/2007
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This week brings us the release of four monthly reports for the markets to digest. The first two important pieces of data will come Wednesday morning with the release of October's Producer Price Index (PPI) and Retail Sales figures. The PPI measures inflationary pressures at the producer level of...
11/12/2007