Posted To: MBS Commentary

Every Bit As Quiet As It Was Supposed To Be There’s really no way to predict the future when it comes to rate movement in the coming days/weeks. But there are some times when probabilities are higher than normal for a certain baseline trend. In the case of late December, that baseline is for yields to hurry up and wait in a sideways pattern for more liquidity and more information on how omicron is playing out. Neither of those things will be in abundant supply for at least a week, so today’s exceptionally flat performance is no surprise (or simply, less surprising than other potential outcomes). Econ Data / Events Fed MBS Buying 10am, 11:30am, 1pm Case Shiller Home Prices 18.4 vs 19.1 prev FHFA Home Prices 17.4 vs 17.7 prev Market Movement Recap 08:36 AM Carbon copy of yesterday’s…(read more)

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Published On: December 28, 2021 / Categories: Mortgage News /