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MBS RECAP: Bonds Dragged Into Snowball Rally by Stocks (Not Turkey)
Posted To: MBS CommentaryHeadlines continue overstating the connection between US market movements and the financial drama in Turkey. Today was[...]
Mortgage Rates Barely Lower Despite Bond Market Cues
Posted To: Mortgage Rate WatchMortgage rates fell only modestly today despite a much stronger move in broader bond markets. I[...]
Builder Confidence Retreats Once Again
Posted To: MND NewsWireRising concerns about costs and labor shortages continue to take a toll on home builder sentiment according[...]
MBS Day Ahead: Foreign Markets Helping Bonds (Not Turkey)
Posted To: MBS CommentaryFrom New York, traders have been looking east for at least some level of inspiration from Turkish[...]
Fulfillment, Non-QM Products; Corporate Name Changes; What is a Mirror Security?
Posted To: Pipeline PressBond prices and mortgage rates, like nearly every commodity, are driven by supply and demand. I mention[...]
Mortgage Applications: Purchase Volume Declines, Refis Stabilize
Posted To: MND NewsWireIt was another week of decline for mortgage applications as those for home purchase slid for the[...]