Jennifer McCarthy - Mortgage Loan Officer - NMLS #2050563

11/03/2026

These tips can help you avoid costly mistakes...

These Tips Can Help You Avoid Costly Mistakes!

11/03/2026

Market Update
Tuesday, November 3, 2026

What's going on, and why does it matter?

Mortgage bonds appear to be giving back some of their recent gains, and oil prices are starting the day higher after US strikes on Iran’s Qeshm Island overnight. Meanwhile, stocks are set to open lower on election day jitters and a disappointing earnings report from Apple. On today's economic calendar, the Factory Orders and JOLTS Job Openings reports are due for release later today.

What should you do about it?

Watch to see whether mortgage bonds can hold above their 10-day moving average, but be prepared to lock your rate if they break below it.

Daily Bond Market Update

11/02/2026

Cash buyers only have 90 days to get their tax deduction...

Cash buyers only have 90 days to get their tax deduction!

11/02/2026

Market Update
Monday, November 2, 2026

What's going on, and why does it matter?

Oil prices are opening the week sharply lower on reports of renewed diplomatic efforts between the US and Iran. Meanwhile, tech stocks are set to open higher as they attempt to rebound from their recent selloff. Mortgage bonds are opening the week in positive territory, above their 10-day and 30-day moving averages. It will be interesting to see whether they can stay above those levels and find enough strength to stage a compelling rebound from their recent selloff. Mortgage rates did back down from their recent highs last week, and bonds seem to be moving in the right direction so far. However, this week brings with it two major headwinds. First, the US midterm elections take place on Tuesday, and the results may trigger a market reaction. Second, the always-important monthly jobs report comes out on Friday, and this may also trigger a market reaction.

What should you do about it?

Watch to see whether mortgage bonds can hold above their 10-day moving average, but be prepared to lock your rate if they break below it.

Daily Bond Market Update

10/29/2026

Market Update
Thursday, October 29, 2026

What's going on, and why does it matter?

Mortgage bonds are once again testing their moving averages as financial markets digest a deluge of economic data. As expected, the Fed held short-term rates steady yesterday, and bond yields held steady. On today's economic calendar, Q3 GDP numbers came out stronger than market expectations, showing a 3.4% annual economic growth rate. Meanwhile, the Fed-favorite monthly PCE report shows inflation accelerating at a 0.5% monthly rate and 3.6% annual rate. Core inflation, minus food and energy, came out at 0.3% monthly and 3.1% annually. These numbers may trigger some volatility in mortgage pricing today.

What should you do about it?

Watch to see whether mortgage bonds can hold above their 30-day moving average, but be prepared to lock your rate if they break below it.

Daily Bond Market Update

10/28/2026

House flipping profit margins fall to 21.5%...

Housing Flipping Profit Margins Fall to 21.5%

10/28/2026

Market Update
Wednesday, October 28, 2026

What's going on, and why does it matter?

Mortgage bonds are testing their 10-day and 30-day moving averages ahead of the Federal Reserve's interest rate decision this afternoon. Although the Fed is widely expected to hold short-term rates steady, financial markets will watch how many Fed policymakers dissent from the official decision, as well as Fed Chair Warsh's post-meeting press conference, for clues about the future direction of rates. Meanwhile, the Mortgage Bankers Association reported this morning that mortgage applications increased last week for the first time in months, as rates backed off slightly from their recent highs.

What should you do about it?

Watch to see whether mortgage bonds can hold above their 30-day moving average, but be prepared to lock your rate if they break below it.

Daily Bond Market Update

10/27/2026

How to help friends and family pay for college and other education expenses...

How to Help Friends and Family Pay for College and Other Education Expenses

10/27/2026

Market Update
Tuesday, October 27, 2026

What's going on, and why does it matter?

Mortgage bonds are continuing to trade in positive territory above their 10-day and 30-day moving averages as Tuesday's trading session gets underway. On today's economic calendar, Durable Goods orders came out stronger than market expectations, with New Home Sales and Consumer Confidence due out later this morning. The 2-day Federal Reserve monetary policy meeting kicks off today, with the Fed's interest rate decision due tomorrow afternoon. As for this afternoon, the US Treasury is scheduled to auction $70 billion in 5-year notes, which may impact supply-demand dynamics in the bond market.

What should you do about it?

Watch to see if mortgage bonds can hold their ground above their 30-day moving average, but be prepared to lock your rate if they break below that level.

10/23/2026

Market Update
Friday, October 23, 2026

What's going on, and why does it matter?

Mortgage bonds appear to be giving back some of their recent gains, though they are ending the week better than they started. It will be interesting to see whether they can establish solid support at their 30-day moving average, as this could be a springboard for a rally. Meanwhile, oil prices remain elevated, and many underlying risk factors remain outstanding. Later this morning, the market will digest a few economic surveys.

What should you do about it?

Watch to see if mortgage bonds can hold their ground above their 30-day moving average, but be prepared to lock your rate if they break below that level.

https://articles.homeqb.com/mbs/share/33283/1?utm_medium=email&_hsenc=p2ANqtz-_1aTNCTi5FTK8Vqq_LPPnZHYQws3TxCOJ9xq3dG72ROo_tM2rsyEiFja_gewxLuCPwPVFjgRZv1d56byQ-8wu0edNQslRfErZfnDrC0liFb0sHlP4&_hsmi=445680585&utm_content=445680585&utm_source=hs_email