Latest Commentary
Lenders Improve Mortgage Rates as Stocks Panic. Locking Ahead of Employment Report -
Mortgage Rate Watch
I have been advising LOCK all week ahead o the Employment Situation Report, which will be released at 8:30am tomorrow morning. While there have been many whispers for both job losses and job creation, economists are very mixed about the outlook. Worse than expected jobs numbers benefit MBS prices and lead to lower mortgage rates while better than expected...
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MBS AFTERNOON: Expecting Huge Revisions to Previous Jobs Data -
MBS Commentary
"There will be a jobs revision I'm told tomorrow that's likely to show additional job loss at the first part of the recession that started in December 2007, making the whole of job loss that we've dealt with even deeper"
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