Monday, August 18, 2008

Rate watch: Cautiously Floating

Mortgage Bonds battle a tough overhead ceiling of the 50 day Moving Average and with no reports out this morning, I recommend floating to see how Bonds react to the movement of Stocks, which are a bit higher this morning. With the volatility in the Mortgage Industry, knowledge and insight is more valuable than ever, which is why I monitor the market throughout the day and keep you informed of changes that impact you.

No comments: