Telluride

Terrible Rate Week. Time For Family Detox.

After today’s better than expected ISM manufacturing data, mortgage bonds extend losses for a fifth straight day, pushing rates up .25% to .375% on the week. As yesterday’s recap noted, bonds have broken below the 200-day moving average and the next level of pricing support is 45 basis points below current levels. So rates could

Terrible Rate Week. Time For Family Detox.

After today’s better than expected ISM manufacturing data, mortgage bonds extend losses for a fifth straight day, pushing rates up .25% to .375% on the week. As yesterday’s recap noted, bonds have broken below the 200-day moving average and the next level of pricing support is 45 basis points below current levels. So rates could