• March 31, 2023
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• realestatelife

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 April Coupon is up +15 BPS with 60 minutes left to trade. Inflation Nation: We got a mixed bag of inflationary data today. Headline PCE MOM increased by 0.3% vs. est. of 0.2%. YOY, it was up 5.0% vs. est. of 5.3%. Core (ex food

• March 30, 2023
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• realestatelife

MBS OVERVIEW 4:30 EST – Our benchmark FNMA MBS 6.00 April Coupon is down -3 BPS with 30 minutes left to trade. Jobs, Jobs, Jobs: Initial Weekly Jobless Claims remain below 200K with a reading of 198K vs. est. of 196K. The more closely watched 4 week moving average ticked up to 198,250. Continuing Claims were very

• March 29, 2023
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• realestatelife

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 April Coupon is up +5 BPS with 60 minutes left to trade. Taking it to the House: Weekly Mortgage Applications improved by 2.9%. Refinances led the way, up 4.8%. Purchases were up 2.0%. The February Pending Home Sales Index saw a MOM gain of 0.8

• March 28, 2023
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• realestatelife

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 April Coupon is down -6 BPS with 60 minutes left to trade. Taking it to the House: The January YOY metro city index from Case Shiller showed a gain of 2.5% which matched expectations but was almost half of the annual pace in December of

• March 27, 2023
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• realestatelife

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 January Coupon is up +13 BPS with 60 minutes left to trade. Bob the Builder: November Construction Spending was much better than expected, up 0.2% vs. est. of down -0.4% Rosie the Riveter: The revised Markit Manufacturing PMI matched the previous release of 46.2 On

• March 26, 2023
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• realestatelife

  Are you caught in trouble with your debt when the Fed raises interest rates? Do you want to save yourself from, let’s say, a 30-year payoff into single digits? Well, you better grab this opportunity with Michael Harris because, in this episode, he will provide a path to helping you pay off those debts

• March 24, 2023
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• realestatelife

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 April Coupon is up +17 BPS with 60 minutes left to trade. Rosie the Riveter: February headline Durable Goods Orders were weaker than expected, down -1.0% vs. est. of +0.6%. Ex Transportation, it was flat at 0.0% vs. est. of 0.2% and Non Defense Capital

• March 24, 2023
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• realestatelife

  The market is being dominated by the Fed and the rising inflation rate. To ensure that you are not in any financial risk, learn how to take control of your money and strive to build long-term wealth. Michael Harris explores how to navigate today’s trends that directly impacts your financial decisions. He unpacks the

• March 23, 2023
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• realestatelife

MBS OVERVIEW Taking to the House: February New Home Sales hit 640K on annualized basis vs. est. of 650K. Jobs, Jobs, Jobs: Initial Weekly Jobless Claims were lighter than expected, 191K vs. est. of 201K. The more closely watched 4 week moving average dropped to 196,250. Continuing Claims were higher than the prior month but lower than

• March 22, 2023
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• realestatelife

Your PM Lock Commentary has just been posted.For a full breakdown of today’s analysis: MBS OVERVIEW Taking to the House: Weekly Mortgage Applications improved again. This time by 3.0%. Refinances were up by 4.9% and Purchases were up by 2.2% The Talking Fed: Today at 2 pm ET we get the Federal Reserve’s latest interest rate decision