Market

Pitiful Housing Supply Slighted Dampened Q2 Home Sales

J. Pisa | August 16, 2017
BY: JANN SWANSON Headstrong is a rather interesting word, but the National Association of Realtors® (NAR) chose it to describe the continuing imbalance between supply and demand in the housing market.  NAR…

Bonds Battle Back After Fed Foregoes Surprises

J. Pisa | July 28, 2017
BY: MATTHEW GRAHAM JULY 26, 2017 Today's focus was understandably on the Fed Announcement, and indeed, most of the movement followed it.  But interestingly enough, the biggest volume spikes occurred…

Refi Applications Strengthened on Last Week’s Lower Rates

J. Pisa | July 27, 2017
BY: JANN SWANSON JULY 26, 2017 A decline in purchase mortgage applications cancelled out most of a moderate increase in refinancing during the week ended July 21. Nonetheless, the Mortgage Bankers Association…

For Bonds, Worst Day Since Late June ECB Scare

J. Pisa | July 26, 2017
BY: MATTHEW GRAHAM JULY 25, 2017 Bonds sold off aggressively today, for a combination of reasons that are tremendously unsatisfying in a traditional market-watching sense.  For example, it would be nice if…

Views : You can Use

J. Pisa | July 20, 2017
Housing Highs, Spending Lows   May Existing Home Sales rose from April to an annual rate of 5.62 million units, above the 5.52 million expected, and up 2.7 percent from…

Retail Sales Weak. Inflation Tame.

J. Pisa | July 19, 2017
Last Week in Review: "Just shopping. Not buying anything." The Dramatics. Consumers are spending more than last year, but sales from month to month don't register consistently. June Retail Sales fell…

MBS RECAP: Bonds Build Case for Support After Yellen

J. Pisa | July 13, 2017
BY: MATTHEW GRAHAM July 12 2017 "Support" and "resistance" are two terms often thrown around in market analysis.  They loosely refer to ceilings and floors respectively (as far as rates…