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Life’s financial journey isn’t about the speed; it’s about recalculating the route to ensure a prosperous destination. Shift the direction, seize the opportunities, and chart a course for lasting financial well-being. In this episode, we discuss the slow and prolonged healing process in the financial labyrinth itself. We will guide you through various financial
READ MOREDirect your financial resources towards freedom by reducing interest costs, while maintaining your current lifestyle. Take control, reduce debts, and rewrite your financial destiny today. In this episode, join us as we discuss financial empowerment and economic foresight. Discover the undisclosed strategies for lowering interest rates, maximizing loan benefits, and navigating your financial journey
READ MORE10/06/23 4:30pm ET WRAP UPUMBS 6.0: 97.63 (-33bps)10yr yield: 4.80 Mortgage bond recovered quite a bit from worst levels, but the 10yr yield points to where rates will hold. Lots of reprices better, but I would risk floating into next week. Monday is Columbus Day, bond market closed, no text/email. There is risk to floating,
READ MOREWRAP UPUMBS 6.0: 98.02 (+19bps)10yr yield: 4.71 Thankfully a quiet day. Some may choose to risk floating into tomorrow, but the return will be minimal. Jobs data comes out ahead of pricing, and we could see volatility. Rate sheets this morning shouldn’t be too different than yesterday. Reprice risk on the day is moderate, there’s
READ MOREWant to save money? While some people look into refinancing or making adjustments with their purchases, what you’re doing with that money and those obligations once you have them also matters. Today, Michael A. Harris talks about a financial GPS that can navigate you efficiently into a profitable real estate future. It may be a
READ MOREWRAP UPUMBS 6.0: 97.84 (+37bps)10yr yield: 4.74 Alls well that ends well? Some late day repricing better, however, still nothing to get too excited about. Rates may drift a little bit lower from here, but it won’t be much, advice remains to lock in, despite potential for possible improvement tomorrow. Tomorrow we get jobless claims
READ MORERates continuing to creep higher (as expected) with no clear end in sight. I can’t make this any clearer than I have recently – give up all hope of rates falling from here. Reprice risk on the day is moderate, although bonds have improved from the worst levels, we could see them turn tail and
READ MORERate sheets will be much worse than Friday AM, as bonds continue to fall after a short lived mini rally. Reprice risk on the day is moderate, despite an already weak start we could see bonds continue to worsen which would put lenders in a position to reprice worse. Although it could be argued that
READ MOREInflation Nation: The August Headline PCE increased by 0.4% on a MOM basis which is DOUBLE the increase in July but it was lower than market expectations of 0.5%. YOY, it was up 3.5% which matched expectations. Core PCE (ex food and energy) increased by 0.1% which was less than market expectations of 0.2%. YOY, it
READ MOREWRAP UPUMBS 6.0: 98.70 (+30bps)10yr yield: 4.58 Bonds had a strong recovery today on some dovish Fed member comments and weak consumer spending data, mainly a correction from being over sold. This is not a reversal, and if you saw reprices better today you should take them, it’s not likely gains continue much tomorrow. After
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