Skip to content

Monthly Archives: January 2019

Mortgage Market in Review – January 14, 2019

    Market Comment Mortgage bond prices were neutral for the week which kept rates steady.  We started on a positive note Monday morning amid stock weakness at the open.  This reversed during the day and we had had upward pressure on rates heading into Tuesday.  Weekly jobless claims printed at 216K and continuing claims, […]

READ MORE »

Mortgage Market in Review – January 7, 2019

    Market Comment Mortgage bond prices were positive for the week despite some significant volatility. We started on a neutral note Monday amid thin trading conditions and a shortened trading day. Stock weakness resulted in a lot of flight to safety of US debt. The DOW was down 660 points Thursday alone. The data […]

READ MORE »

Mortgage Market in Review – December 31, 2018

    Market Comment Mortgage bond prices finished the week near unchanged to slightly positive which kept rates steady.  We started on a neutral note Monday amid thin trading conditions and a shortened trading day.  The 2Y Treasury auction showed weak demand which caused some concern.  The US is bleeding red ink with $1T+ annual […]

READ MORE »

Mortgage Market in Review – December 24, 2018

    Market Comment Mortgage bond prices finished the week near unchanged to slightly positive which kept rates steady. We started on a positive note late Monday as stocks showed continued weakness and the DOW closed down over 500 points. The NAHB Housing Index was 56 which was the lowest reading since May 2015. It […]

READ MORE »