MBS Commentary
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At first glance, this week's economic calendar is fairly light, with Wednesday's Consumer Price Index (CPI) being the only upper-tier report in terms of potential market movement. Even then, we haven't seen as much of a reaction to recent examp... (read more)
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Rob Chrisman
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The move down in rates has sparked optimism about volume (and perhaps margins) out there. But mergers and acquisitions (M&A), and the details thereof, for many reasons, continue. For example, HomeStreet, Inc., the parent company of HomeStreet Ban... (read more)
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Mortgage Rate Watch
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Mortgage rates moved lower today following a mixed report on the US labor market. The once-a-month Employment Situation (the official name for the "jobs report" that often influences interest rates) was out this morning and it had something for every... (read more)
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Rob Chrisman
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Some New Yorkers like to think that they’re at the Center of the Universe. But, though larger Java, in terms of islands, in Indonesia, is home to 135 million inhabitants versus Manhattan’s 1.7 million. (And although Manhattan does have ab... (read more)
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MBS Commentary
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The tale of two ranges continued in grand fashion overnight as 10yr yields made it all the way to the top of the lower, better range seen since the March 20th Fed announcement. Granted, they were already closing in on those levels by yesterda... (read more)
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MBS Commentary
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Yesterday's bond market volume was as low as it's been since Monday, March 18th. Then, like now, bonds were on the approach to a big potential market mover, although the March 20th Fed announcement was almost guaranteed to be a big deal wh... (read more)
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