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A Quick Note on Why Rates Seem to Drop More Quickly as They Approach Certain Thresholds

A Quick Note on Why Rates Seem to Drop More Quickly as They Approach Certain Thresholds

A Quick Note on Why Rates Seem to Drop More Quickly as They Approach Certain Thresholds It may seem like today’s bond market movement alone (3/8ths higher in MBS and 0.09% in 10yr yields) doesn’t explain the pace of improvement in mortgage rates. For that, we’d need to consider the arcane underpinnings of […]

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Stocks End Strong Month on a Down Note: Stock Market Today

digital rendition of blue stock chart with teal bars

Stocks opened in the red in Friday’s low-volume session and kept sliding into the close. Weighing on sentiment was the latest inflation data, while market participants may have also been taking profits ahead of a historically weak month. As a reminder, Monday is a stock market holiday, with both the equities and bond markets closed

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