MBS Day Ahead: The Point Is, You Don't Know

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MBS Day Ahead: The Point Is, You Don't Know

Posted To: MBS Commentary

There are no significant economic reports on the calendar today, and the afternoon's 3yr Treasury auction is the lease relevant of the week. Against such a backdrop, unscheduled phenomena like corporate debt issuance and news headlines will have an outsized effect on rates. So it's a fine time to step back and hurl some incredulity at previous Fed chairmen. I don't assume Alan Greenspan will probably read this commentary, but if so Alan, feel free to jump in the comments section and fire back. The rest of this commentary will be addressed directly to you. I've seen several of your more newsworthy comments on the current state of markets and the economy in the wake of your tenure and they haven't been that great. Perhaps you're looking farther into the future than I assume...(read more)

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Source: www.mortgagenewsdaily.com

Townhome in Scottsdale, AZ asking $515,000
Thompson Peak Pkwy #301 Scottsdale, AZ 85255 2248 sq. ft., 3 bedrooms, 2.00 bathrooms, 13 photo(s) 9270 E.
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Single lineage in San Diego, CA asking $5,499,000
ft., 5 bedrooms, 6.00 bathrooms, 57 photo(s) 620 San Gorgonio St San Diego, CA 92108 5150 sq.
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Single issue in Ottawa, IL asking $99,500
804 Illinois Ave. ft., 4 bedrooms, 1.00 bathrooms, 27 photo(s) Ottawa, IL 61350 1460 sq.
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Single ménage in Spring Valley, IL asking $447,500
1 Verde Ranch Road Spring Valley, IL 61362 2400 sq. ft., 4 bedrooms, 3.50 bathrooms, 73 photo(s)
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Single relationship in San Diego, CA asking $765,000
7839 Wing Span Drive San Diego, CA 92119 2410 sq. ft., 4 bedrooms, 3.00 bathrooms, 25 photo(s)
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P1020692 LR

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