Jack's Morning Update

THIS MORNINGS QUICK LOOK MBS Pricing, Market Conditions/Information Learning Something New Every Day THE WEALTH EFFECT The Wealth Effect is when The Fed fakes you in to thinking you are wealthier than you actually are.  How do they do this? They use the Fed Fund Rate which is for short…

THIS MORNINGS QUICK LOOK MBS Pricing, Market Conditions/Information Learning Something New Every Day WHAT IS QUANTITATIVE EASING OR TIGHTENING You have likely heard these words or QE as it is usually printed. So what is it simplified?Another great conversation injector to sound smart : )  At it’s most simple level…

THIS MORNINGS QUICK LOOK MBS Pricing, Market Conditions/Information Learning Something New Every Day A TIDBIT ON BANKING AND RESERIVES A major purpose of this section is education but also opportunity to interject industry knowledge in to conversations to help you come across as a knowledgeable professional so here is a…

THIS MORNINGS QUICK LOOK MBS Pricing, Market Conditions/Information Learning Something New Every Day MBS Update If you want to receive daily MBS updates typically around first rate sheet time then make sure you sign up for my texting system for MBS and other important need to know now information.Text “I’m…

THIS MORNINGS QUICK LOOK MBS Pricing, Market Conditions/Information Learning Something New Every Day BULL MARKET VS BEAR MARKET Today is more of an awareness of what it means when someone says we are in a bear market or a bull market and that can apply to any investment type.  BULL…

THIS MORNINGS QUICK LOOK MBS Pricing, Market Conditions/Information Learning Something New Every Day TIMING CAN BE IMPORTANT The stock market and bond market are not on equal fields when it comes to timing which is why the first rate sheets of the day include the mornings bond trading’s and you…

THIS MORNINGS QUICK LOOK MBS Pricing, Market Conditions/Information Learning Something New Every Day MONITOR SINCE LAST RATE SHEET VS ON THE DAY An important understanding when deciding whether to lock or not is to monitor MBS based on the last rate sheet posted time. Different lenders post at different times…

THIS MORNINGS QUICK LOOK MBS Pricing, Market Conditions/Information Learning Something New Every Day DOES THE MBS FOLLOW THE 10 YEAR TREASURY You have heard this many times but let me help simplify what you need to know and why. Does mortgage rates follow the 10 yr treasury?YES – ABSOLUTELY OVER…

THIS MORNINGS QUICK LOOK MBS Pricing, Market Conditions/Information Learning Something New Every Day FUNDAMENTAL VS TECHNICAL ANALYSIS You have 2 effective ways to monitor MBS and it is important to understand both. #1 – TECHNICAL ANALYSISThis is where you watch the bps go up and down all day. You review…

THIS MORNINGS QUICK LOOK MBS Pricing, Market Conditions/Information Learning Something New Every Day MBS lost 20 BPS late in the day yesterday.Those who signed up for my FJ Stay in the know now texting service were notified before we changed rates.Sign Up Now and be in the know. Text 251-428-1564 to get…

THIS MORNINGS QUICK LOOK MBS Pricing, Market Conditions/Information Learning Something New Every Day HOW VELOCITY OF MONEY IS INDICATOR OF RATES First, let’s understand what Velocity of Money is. It is quite simply the number of times that a unit of currency ($1.00 Bill for ex) changes hands to purchase goods…

THIS MORNINGS QUICK LOOK MBS Pricing, Market Conditions/Information Learning Something New Every Day MBS UPDATE Over the next few months inflation is going to be the hot topic that is going to really manage the fixed rate bond securities. Some things that are giving hope that you may not see.…