Last Week in Review: Fundamentals and Technicals Collide This past week, we watched mortgage-backed securities (MBSs) touch their highest level since late September, meaning the lowest home loan rates. But the good vibes and rate improvement were quickly halted as prices hit key technical barriers. Let’s break down what happened. 1. Global Yields Decline The […]
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Last Week in Review: Fed Tapers, No Tantrum This past week, the highly anticipated Fed Meeting took place. As expected, the Fed announced it will taper bond purchases starting later this month. The good news? Bonds and stocks didn't have a tantrum. Let's break down what happened and what to look for in the weeks […]
Last Week in Review: Three Reasons Rates Might Have Peaked After weeks of prices dropping and rates creeping higher, mortgage-backed securities (MBS) bounced sharply higher this past week – helping home loan rates improve week over week. Let’s break down three reasons why we might have just seen the highest rates in 2021 and what […]
Last Week in Review: Three Things Moving the Markets Interest rates ticked up week over week and are near the highest levels of 2021. Let's break down three things moving the markets and what to watch for in the weeks ahead. 1. Buy on the Dip is Back Stocks had a bad September, with the […]
Last Week in Review: The Cure for Higher Rates Interest rates ticked up just slightly week over week. However, we might have seen a near-term peak in rates. Let’s break down what happened and talk about what to watch for next week. 1. Inflation Remains High The Consumer Price Index (CPI) for September showed prices […]
Last Week in Review: Three Other Things Moving the Market Interest rates have ticked up the past 10 or so days after the Federal Reserve told the financial markets there is broad support to scale back bond purchases and finish those purchases by mid-2022. Let’s talk about three “other” things moving the market between now […]
Last Week in Review: Fed Meeting Breakdown, Taper Cometh Home loan rates ticked up and had a bit of a “taper tantrum” after the Fed meeting last Wednesday when Fed Chair Powell outlined the case to scale back or “taper” bond purchases. Let’s break down what was said and what to look for in the […]
Home loan rates were mainly unchanged this past week. Let’s break down what is threatening the financial markets and rates. The Taper Threat A big threat to stocks, bonds, and rates is when the Fed will announce a tapering or scaling back of bond purchases. Presently the Fed has been buying at least $120B worth […]
Last Week in Review: ECB Scales Back, No Tantrum – Yet. Home loan rates have bounced around the past couple of weeks in response to good, bad, and even some ugly news. Let’s break down last week’s big news and what it means to the housing market and economy. The European Central Bank (ECB) Buying […]
Last Week in Review: Congress Printing, Fed Exiting Among the many stories happening this past week, the elephant in the room remains Afghanistan. There is so much uncertainty and it isn't clear when, how and if it ends. In challenging times like these, bond prices and rates typically improve, but they didn't. Rates crept higher […]