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Currently down 16 bp (and surprisingly so), there is no movement in stocks, bonds, or oil today. Doesn’t look like there will be a risk to float until tomorrow, but realizing all the volatility that has been going on lately, if it was me, I would lock in your loan. Tomorrow the economic calendar has jam-packed with [...] Currently we are down 50 bp this morning after the jobs report came out earlier. Only 11k jobs were lost in November (everyone was estimating close to 125k). While this is good for the economy, its bad for interest rates. MBS have currently broken the 2nd level of support, and stocks are going upwards due [...] |
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