• February 17, 2023
• no comment
• realestatelife

  Inflation is here to stay, and Fed officials are singing. Tune in as Michael Harris breaks down everything you should watch out for to secure your finances and finally get rid of your debt as soon as possible. He talks about what to expect from the upcoming Fed meeting minutes and his findings on

• February 16, 2023
• no comment
• realestatelife

Producer price index projected to increase 0.4% in January Inflation at the wholesale level rose more than expected in January, the latest sign that painfully high consumer prices could take some time to dissipate. The Labor Department said Thursday that its producer price index, which measures inflation at the wholesale level before it reaches consumers,

• February 16, 2023
• no comment
• realestatelife

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 March Coupon is down -13 BPS with 60 minutes left to trade. Jobs, Jobs, Jobs: Initial Weekly Jobless Claims were lower than expected, 194K vs. est. of 200K. The more closely watched 4 week moving average was very low at 189.5K. Continuing Claims were 1.696M

• February 15, 2023
• no comment
• realestatelife

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 March Coupon is up just +3 BPS with 60 minutes left to trade. Retail Sales: We got a nice upside surprise to the January Retail Sales data. The headline reading rose by 3.0% vs. est. of 1.8%. Ex Autos it was up 2.3% vs. est.

• February 14, 2023
• no comment
• realestatelife

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 March Coupon is down -21 BPS with 60 minutes left to trade. Inflation Nation: The newly formulated headline January Consumer Price Index (CPI) rose by 0.5% MOM which matched forecasts. December was revised upward from -0.1% to +0.1%. YOY, CPI was up 6.4% vs. est.

• February 13, 2023
• no comment
• realestatelife

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 March Coupon is up +2 BPS with 60 minutes left to trade. There were no economic events today On Deck for Tomorrow: Consumer Price Index 10 year and MBSs today little changed awaiting tomorrow’s January consumer price index (CPI). Stock indexes had a decent day. There wasn’t any

• February 11, 2023
• no comment
• realestatelife

  Guiding you on the path to homeownership is Michael Harris. He shares what he can do to get you approved for loans and pay it off early while saving more. Joining Michael is Marisha Charbonnet from Family Security Law Group to share her take on planning effectively for you, your future, and your estate.

• February 10, 2023
• no comment
• realestatelife

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 March Coupon is down -36 BPS with 60 minutes left to trade. Consumer Sentiment:  The Preliminary February UofM Consumer Sentiment Index was low but it was higher than expected (66.4 vs. est. 65.0). The one year inflation expectations rose from 3.9% to 4.2% The Talking Fed:  Philadelphia Fed

• February 9, 2023
• no comment
• realestatelife

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 February Coupon is down -32 BPS with 60 minutes left to trade. Jobs, Jobs, Jobs: Initial Weekly Jobless Claims once again were below 200K, this time 196K vs. est. of 190K. The more closely watched 4 week moving average dropped down below 190K to 189,250. Continuing Claims

• February 8, 2023
• no comment
• realestatelife

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 February Coupon is up +9 BPS with 60 minutes left to trade.  Taking it to the House:  Weekly Mortgage Applications increased by 7.4% after falling -9.0% the prior week. Purchase Applications were up 3.1% and Refinance Applications jumped 17.7% The Talking Fed:  Fed Governor Christopher Waller warns that interest