RECENT BLOG POSTS
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Friday's bond market has opened in positive territory due to weaker than expected economic data and another weak opening for stocks. The stocks markets are showing sizable losses again with the Dow currently down 128 points and the Nasdaq down 46 points. The bond market is currently up 7/32, whic...
11/09/2007
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Wednesday's bond market has opened up only slightly despite sizable stock losses and favorable results from this morning's economic news. The stock markets are well into negative territory with the Dow down 135 points and the Nasdaq down 30 points. The bond market is currently up 3/32, which will...
11/07/2007
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Tuesday's bond market has opened in negative territory following early stock gains. The stock markets are in positive territory with the Dow up 50 points and the Nasdaq up 3 points. The bond market is currently down 12/32, which will likely push this afternoon's mortgage rates higher by approxima...
11/06/2007
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This week is very light in terms of economic releases for the markets to digest, especially compared to last week. There are two monthly and one quarterly reports on tap, but only the quarterly one can be considered to be highly important. This makes it quite likely that we will see a fairly quie...
11/04/2007
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Friday's bond market has opened in positive territory despite the release of stronger than expected economic news. The stock markets are currently showing sizable losses with the Dow down 95 points and the Nasdaq down 9 points. The bond market is benefiting from the stock weakness again, currentl...
11/02/2007
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Thursday's bond market has opened strong following significant stock losses and weaker than expected economic news. The stock markets are down sharply with the Dow losing 225 points and the Nasdaq down 42 points. Bonds are reaping the benefits as investors shift funds into safety, driving the bon...
11/01/2007
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Today's FOMC adjournment brought us the expected quarter point rate cut that was expected by many, but the post-meeting statement created concern about inflation. The Fed referenced the weak housing market as a contributing factor to the change in short-term interest rates, but also indicated tha...
10/31/2007
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Tuesday's bond market has opened flat despite weaker than expected economic news and early stock losses. The stock markets are in negative territory with the Dow down 45 points and the Nasdaq down 3 points. The bond market is currently nearly unchanged from yesterday's closing levels, which kept ...
10/30/2007
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This week is packed with economic releases and major events that will likely lead to a fair amount of volatility in the markets and mortgage pricing. There are seven reports scheduled for release along with another FOMC meeting. There is no relevant data due today, so all seven reports come over ...
10/29/2007
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Friday's bond market has opened in negative territory due to early stock strength. The stock markets are showing gains, with the Dow currently up 57 points while the Nasdaq has gained 39 points. The bond market is currently down 2/32, which will likely push this morning's mortgage rates higher by...
10/26/2007