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Saturday’s: 9AM 1590 AM/97.9 FM KVTA
Sunday’s: 7AM K-EARTH 101 FM
MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 January Coupon is up +75 BPS with 60 minutes left to trade. Jobs, Jobs, Jobs: Its Big Jobs Friday! You can read the official BLS release here. Jobs: December Non Farm Payrolls (NFP) added 223K vs. est. of 200K November NFP was revised lower from
READ MOREUS job growth cools slightly in December to the lowest pace in two years, but the labor market remained resilient in the face of higher interest rates, scorching-hot inflation and mounting recession fears. Employers added 223,000 jobs in December, the Labor Department said in its monthly payroll report released Friday, topping the 200,000 jobs forecast by Refinitiv
READ MORESection 203 of the Protecting Americans from Tax Hikes (PATH) Act of 2015, Pub.L.114-113, div. Q, enacted on December 18, 2015, modified section 6109 of the Internal Revenue Code, and in so doing, made significant changes to the Individual Taxpayer Identification Number (ITIN) program. Q1: When can I renew my ITIN? A1: If your ITIN has
READ MOREMBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 January Coupon is down -18 BPS with 60 minutes left to trade. Domestic Flavor: Jobs, Jobs, Jobs: December Challenger Job Cuts dropped significantly from 77K down to 44K. The December ADP Employment Change was much stronger than expected, 235K vs. est. of 150K and a
READ MOREHiring by U.S. companies picked up steam in December, a sign the jobs market remains healthy even in the face of steep Federal Reserve interest rate hikes, according to the ADP National Employment Report released Thursday morning. Companies added 235,000 jobs last month, easily beating the 150,000 gain that economists surveyed by Refinitiv had predicted.
READ MOREFederal Reserve officials reaffirmed their commitment to fighting inflation at their December meeting and indicated that interest rates could remain elevated for “some time” until there is clear evidence that consumer prices are falling. Minutes from the U.S. central bank’s Dec. 13-14 meeting released on Wednesday showed that policymakers are intent on wrestling inflation closer
READ MOREMBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 January Coupon is up +30 BPS with 60 minutes left to trade. Jobs, Jobs, Jobs: The November Job Openings and Labor TurnOver Survey (JOLTS) showed 10.458M unfilled jobs vs. est. of 10.0M and October was revised higher to 10.512M. The key take-a-way here is that
READ MORERead More… U.S. manfacturing sector contracts for second straight month in December – ISM
READ MOREMBS OVERVIEW 3:00 EST – Our benchmark FNMA MBS 6.00 January Coupon is down -11 BPS with 120 minutes left to trade. The Talking Fed: Fed Chair Powell spoke about the independent role of Central Banks today at 9 am but did not address Fed economic policy, rates, etc. Optimism? The December NFIB Small Business
READ MOREHomeowners Still Have Positive Equity Gains over the Past 12 Months If you’re a homeowner, your net worth got a big boost over the past few years thanks to rapidly rising home prices. Here’s how it happened and what it means for you, even as the market moderates. Equity is the current value of your
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