HomeLoans Blog

Yesterday the mortgage bond market recaptured all of the losses from Friday. This week we are heavy with rate impacting news.(See the video below.)

Today
Case Shiller Home Price Index
Consumer Confidence
Federal Reserve Open Markets Committee minutes (maybe we can get some idea of their intention)

Tomorrow
Construction Spending
Auto Sales

Thursday
Initial and continuing unemployment (big news each week in this market, looking for any sign of recovery.)

Friday
Non farm payrolls
Unemployment rate

The week is full of reports that carry impact in this market. Expect volatility in rates, and recognize that bond yields are very low. Investors are looking for any reason to jump into stocks that might pay a higher yield.

Bond Bubble?