Friday, 03 September, 2010

Mortgage News Daily
  • All Signs Point to Higher Rates in Week Ahead

    Posted To: MBS Commentary

    NFP has come and gone, let's see where things stand.... The October delivery FNCL 4.0 is -0-09 at 102-15. In the chart below I called attention to a few technical inflection points. The ascending trend channel that helped mortgage rates hit new lows on Wednesday has...