ARCHIVED BLOG POSTS
We took a major step today entering December on the ever accelerating push toward Christmas. The party invitations are out for all manor of organizations. Choirs are squeezing in their last few rehearsals and there are many folks out there shopping. In three weeks we will actually enter the wi...
Good grief! Here we go again!! Mortgage backed securities (MBS) closed down 28 basis points today at 102.28 coming to rest a massive 257 basis points below the 200 day moving average. This is setback came after yesterday's 50 point loss. The 30 year was at 4.25% today. If you have a rate of...
After many days of intense analysis by pundits across the globe, today was the day that OPEC finally released its decision on cutting crude oil production, When the dust settled the answer was yes; they would in fact cut production by 1.4 million barrels. Combine that with a 600,000 barrel per ...