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This past week, the FOMC released their Monetary Policy Statement, and Chair Jerome Powell hosted a press conference to discuss the economic outlook and the path of interest rates. Let’s discuss what was said, how the markets reacted, and what the future may hold. Fed Taking Away the Punchbowl “In light of the remarkable progress […]

Last Week in Review: Rates are Fed Up Home loan rates ticked up to the highest levels in two years. Let’s discuss what’s happened this past week and what to watch in the weeks ahead. Interest Rates Rising Globally The U.S. bond market took the long weekend to ponder Federal Reserve Monetary Policy and what […]

Last Week in Review: Omicron Hits the Financial Markets The financial markets entered the 2021 Holiday season in a volatile fashion in response to Omicron, Build Back Better fallout, and the threat of Fed rate hikes in the coming year. Let’s discuss what’s happening and look at what to expect in the final week of […]

Last Week in Review: Fed Meeting Highlights and Market Reaction It was Fed week. The highly anticipated Federal Reserve meeting took place last Wednesday, where they issued the FOMC monetary policy statement and Fed Chair Powell held a press conference. Let’s break down what happened, the market’s reaction, and what to look for in the […]

This past week, mortgage-backed securities (MBSs) moved lower and are trading near 2021 price lows, pushing mortgage rates up near the worst levels of the year. Let’s talk about three things moving the markets and what to look for in the weeks ahead. 1. Omicron Safe Haven Trade Unwinds The financial markets had panicked in […]

Last Week in Review: Fed Surprise Flip Flop This past week, we watched mortgage-backed securities (MBSs) bounce higher off 2021 price lows, helping home loan rates modestly improve from their worst levels of the year. Let’s talk about three things moving the markets and what to look for in the weeks ahead. 1. Fed Chair […]

This past week, we watched mortgage-backed securities (MBSs) make 2021 price lows, which means the highest home loan rates in 2021. Let’s talk about three things moving the markets and what to look for in the week ahead. 1. Consumer Sentiment Remains Near a Decade Low The Michigan Consumer Sentiment for October was reported at […]

This past week, we watched mortgage-backed securities (MBSs), drift down near the lowest prices of 2021, which means the highest home loan rates in 2021. Let's talk about three things moving the markets and what to look for in the week ahead. 1. Let the Taper Begin The Fed officially started tapering or scaling back […]

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 […]

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 […]