• November 9, 2023
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11/09/23 WRAP UPUMBS 6.0 98.69 (-58bps)10yr yield 4.63 Rates were hurt today because the 10yr bond auction went poorly, and Powell’s comments today that the Fed will move carefully but won’t hesitate to raise rates further to curb inflation. This could trigger rates to creep higher, so consider locking some loans, especially if haven’t seen

• November 8, 2023
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• realestate

Rate sheets this morning likely the same as yesterday’s AM rate sheets but worse than any reprices better (if you are one of the handful who saw one). Reprice risk on the day is moderate, although there isn’t any relevant economic data coming out today we do have a bunch of Fed members out speaking,

• November 7, 2023
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• realestate

Rate sheets this morning should be similar to yesterday, and reprice risk on the day is moderate. There will be an army of Fed officials out there spewing their opinions today, and it’s already started with Kashkari and Goolsbee. This afternoon we will see the Treasury 3-year note auction, which normally wouldn’t be a thing,

• November 6, 2023
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• realestate

WRAP UPUMBS 6.0 98.75 (-39bps)10yr yield 4.65 Rates lost a bit of ground today after last week’s epic performance, but still lower than we were anytime in October. Tomorrow brings a bunch of Fed speakers, but not likely markets are swayed away from the current sentiment that the Fed is done raising rates. May even

• November 6, 2023
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• realestate

  Despite the high inflation, the FED did not increase interest rates. In fact, it is getting a bit lower. Michael Harris explores what to expect in this current state of the market and how you can take advantage of the rates on the decline. He also talks about what’s going on in the economic

• November 3, 2023
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• realestate

Rates will dip even further this morning, helped along by jobs data coming in weaker than expected across the board this morning. Reprice risk on the day is moderate, we’re seeing a very big reaction to the jobs data, capping off a week of bond gains that were sorely needed. We could see bonds fluctuate

• November 2, 2023
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• realestate

WRAP UPUMBS 6.5: 100.33 (+42bps)10yr yield 4.66 Despite a handful of reprices worse when bonds lost a bit of ground mid day, it ultimately is a good day for bonds. Tomorrow morning comes the jobs data that could shake things up though, consider locking risk adverse, but we could see rates improve further if markets

• November 1, 2023
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Rate sheets will start the day slightly better than yesterday, but be ready for the fireworks. Reprice risk is high today, with lots of action that will send bonds all over the place. The fun has already started as I write this, with the Treasury’s refunding announcement and ADP private payroll data already being released

• October 31, 2023
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• realestate

10/31/23 4:47pm ET WRAP UPUMBS 6.5: 99.28 (+2bps)10yr yield 4.93 Calm before the storm, tomorrow is a full week’s worth of action packed into a single day. JOLTS, ADP, Treasury numbers, ISM and THEN the Fed mtg and press conference. Today is the day to lock it if afraid of risk – tomorrow could go

• October 31, 2023
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Your living space should be your sanctuary, but sometimes it can start to feel stale and uninspired. If you’re looking for ways to revive your home and give it a fresh new look, you’re in luck! With a few simple tips and tricks, such as those shared below by Your Real Estate Life, you can