MBS Day Ahead: All About The Dots, Bout The Dots, No Rate Hike Bonds began the day in weaker territory following. with the updated economic projections (aka "dots"). Then at 2:30pm, Jerome Powell will hold the now customary post-announcement press conference..
December 17, 2018 Comments Off on MBS Week Ahead: Fed Week Is Here. Let’s Looks at Possibilities
Here’s what’s. Stocks could struggle in the week ahead if earnings reports focus on the murky economic outlook and negative impacts from the trade war. The Fed could be about to disappoint the.
MBS Day Ahead: New Tariff Announcement Keeps Bonds In Recent Range corporate bond spreads declined.1 During September, markets were "risk-on," continuing the trend seen throughout the third quarter. Equity markets gained despite the announcement of escalating tariffs on Chinese goods, the weakness in emerging markets (EM) and concerns over the Italian budget deficit. treasury yields reversed the declines.
BILL MOYERS: Let me show you one of my favorite moments of the week. The commission on the crisis is looking into two former executives of the big mortgage giants, Fannie Mae and Freddie Mac.
How to get out of a real estate contract Is it OK to break up with your real estate agent? And if so, how can you gracefully end it? Buying or selling a home rarely happens overnight, and it’s not uncommon for buyers or sellers to interface or even work with multiple agents. Best-case scenario, the right agent shows their fa
Week Ahead: Expect Volatility In U.S. Markets After Back-To-Back Records. the Fed began to let its balance sheet shrink in an effort to put policy back on normal footing.. Federal Reserve.
Economic data is on the lighter side in the week ahead. January factory orders, due out on Tuesday, kick-off the week. March Philly FED Manufacturing Figures and the weekly jobless claims figures.
As I look ahead, supportive fundamentals lead me-and most other forecasters-to expect growth in 2019 to come in close to potential. Importantly, unemployment is low and wage growth is healthy. The associated income growth and backing for consumer sentiment should generate healthy gains in household spending.
Mortgage rates today, April 10, 2019, plus lock recommendations daily rate lock advisory Mort Mkt Wk Review dana bain june 24th, 2019. The bond market is currently up 1/32 (2.01%), but strength late yesterday should help improve this morning’s mortgage rates by approximately.125 of a discount point if comparing to Thursday’s early pricing.
· The US dolalr hovered near a two-week high level ahead of Fed’s monetary policy decision. The dollar index versus a basket of six major currencies was steady at 97.615 after climbing to 97.766 on Tuesday, its highest level since June 3, Reuters reported.
Since the Fed books the trades at settlement, there’s a lag of two to three months between the date of the trade and when the trade appears on the Fed’s balance sheet [here’s my detailed explanation]. This is why it took a few months before the QE unwind in MBS showed up distinctively on the balance sheet.
The Fed is also trying to spur employment and it said last week "If the outlook for the labor market does not improve substantially, the Committee will continue its purchases of agency MBS.
· Those are just some of the areas we are looking at, and I look forward to discussing them further with today’s distinguished panel members. Conclusion. I am very pleased with our accomplishments in 2018, but much remains to be done and we are facing new challenges-some known and some that we will come to know.