RECENT BLOG POSTS
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Thursday's bond market has opened fairly flat despite weaker than expected economic news. The stock markets are mixed with the Dow currently up 13 points and the Nasdaq down 5 points. The bond market is currently down 3/32, but we will still likely see a slight improvement in this morning's mortg...
10/25/2007
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Thursday's bond market has opened fairly flat despite weaker than expected economic news. The stock markets are mixed with the Dow currently up 13 points and the Nasdaq down 5 points. The bond market is currently down 3/32, but we will still likely see a slight improvement in this morning's mortg...
10/25/2007
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Wednesday's bond market has opened in positive territory following early stock weakness. The stock markets are showing sizable losses that are likely to get larger before the end of the day. The Dow is currently down 89 points while the Nasdaq has lost 42 points. The bond market is currently up 1...
10/24/2007
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Tuesday's bond market has opened fairly flat as investors wait for this week's little economic news. The stock markets are showing gains after yesterday's rebound from early losses to close in positive territory. The Dow is currently up 49 points while the Nasdaq has gained 20 points. The bond ma...
10/23/2007
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Monday's bond market has opened down slightly despite further stock weakness. The Dow is currently 52 points while the Nasdaq is showing a slight gain of 2 points. The bond market is currently down 4/32, which will likely keep this morning's mortgage rates at Friday's levels. There is no relevant...
10/22/2007
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There are four pieces of data scheduled for release this week that may affect mortgage rates along with a Treasury auction. Only one of the four is considered to be of high importance to the markets, so I am expecting the stock markets to again play a significant role in bonds swings and changes ...
10/22/2007
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Friday's bond market has opened well in positive territory following early significant weakness in stocks. The stock markets are posting sharp losses with the Dow down 204 points and the Nasdaq down 37 points. The bond market is currently up 23/32, which will likely improve this morning's mortgag...
10/19/2007
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Tuesday's bond market has opened in positive territory as stocks show another round of losses. The stock markets are again posting early weakness with the Dow down 91 points and the Nasdaq down 17 points. The bond market is currently up 6/32, which will likely improve this morning's mortgage rate...
10/16/2007
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An extra dose of mortgage commentary today. Monday's bond market has opened fairly flat despite sizable stock market losses. The major stock indexes are showing early weakness with the Dow down 60 points and the Nasdaq down 10 points. The bond market is currently down 2/32, which will likely push...
10/15/2007
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This week brings us the release of five economic reports that are of interest to the mortgage market. This week also begins the rush of quarterly earnings releases for companies, which could cause significant movement in the stock markets. The earnings results could affect bond trading as investo...
10/15/2007