Texas Interest Rate Update 4/20-2010
Tuesday’s bond market has opened down slightly with no relevant economic news on tap today and the stock markets in positive ground. The major stock indexes are showing gains with the Dow up 25 points...
View ArticleTexas Interest Rate Update 4/21
Wednesday’s bond market has opened in positive territory despite a lack of economic news. The stock markets are showing minor gains with the Dow currently up 15 points and the Nasdaq nearly unchanged...
View ArticleTexas Interest Rate Update 4/22/2010
Thursday’s bond market has opened in positive territory following early stock weakness. The stock markets are showing sizable losses with the Dow down 70 points and the Nasdaq down 17 points. The bond...
View ArticleTexas Interest Rate Update 4/23/2010
Friday’s bond market has opened well in negative territory as yesterday’s late selling continues into this morning. The stock markets are relatively flat with the Dow up 2 points and the Nasdaq down 3...
View ArticleTexas Interest Rates
Tuesday’s bond market has opened well in positive territory due significant stock selling. The stock markets are posting large losses with the Dow down 220 points and the Nasdaq down 74 points. This...
View ArticleTexas Mortgage Market Update
Last Week: was marked by increased market volatility in the financial markets. The stock market led the way again for the rate markets. as equity markets rallied the bond and mortgage markets lost...
View ArticleFED Selling MBS?
Fed discussed the prospects for selling the MBS and agency debt it recently stopped accumulating. There is some pressure for the Fed to divest itself of these investments at a pace faster than the...
View ArticleTexas Interest Rate Outlook
Treasuries and mortgages opened a little better this morning with the key stock indexes slightly better at 9:00; the DJIA +31, 10 yr note +2/32 and mortgage prices +1/32 (.03 bp). No economic data this...
View ArticleTexas Mortgage Rate Update
Early activity this morning was soft for mortgage markets again; yesterday mortgage markets struggled while treasuries traded unchanged except for the 30 yr bond which saw buying to push its yield to a...
View ArticleCan Mortgage Rates Go Any Lower?
I’ve been thinking a lot lately about the question: Can Mortgage Rates Go Any Lower??? I’ve approached the question from several angles. The “double-dip” great recession option is still on the table....
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