Saturday, July 25, 2015

MBS RECAP: Bond Drift Sideways Into Weekend

Hot news from AZ Home Help:

Posted To: MBS Commentary

As you may have noticed, there are three MBS Commentary articles every day, regardless of how much ground we need to cover in terms of news, events, and market movement. Today would be one of those days where that ground is not only almost non-existent, but has already been covered in the mid-day. Moreover, it's also in line with the general theme laid out at the beginning of the week, when we discussed summertime trading apathy . To reiterate a point from this week's opener, if your job deals with interest rates and you had to pick a few days to tack on to the weekend in order to facilitate summertime vacationing, this week would be hard to beat . There was very little on the economic calendar to begin with, and what was on the calender didn't matter much. Add to that the fact...(read more)

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Source: http://www.mortgagenewsdaily.com/mortgage_rates/blog/491565.aspx

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