thecodyinman

thecodyinman

Mortgage lenders can breathe today... we got some MUCH needed relief for rates.

thecodyinman

All bets are off until further notice following the Fed day rout. That said, it has been and continues to be the case that any meaningful improvement in rates will require downbeat economic data and softer inflation. At this point in the year, we're waiting until early January for the next major shoes to drop (NFP and CPI, specifically).

thecodyinman

All bets are off until further notice following the Fed day rout. That said, it has been and continues to be the case that any meaningful improvement in rates will require downbeat economic data and softer inflation. At this point in the year, we're waiting until early January for the next major shoes to drop (NFP and CPI, specifically).

thecodyinman

All bets are off until further notice following the Fed day rout. That said, it has been and continues to be the case that any meaningful improvement in rates will require downbeat economic data and softer inflation. At this point in the year, we're waiting until early January for the next major shoes to drop (NFP and CPI, specifically).

thecodyinman

All bets are off until further notice following the Fed day rout. That said, it has been and continues to be the case that any meaningful improvement in rates will require downbeat economic data and softer inflation. At this point in the year, we're waiting until early January for the next major shoes to drop (NFP and CPI, specifically).

thecodyinman

Ruh-Roh Raggy...the 10YR is now playing peekaboo over the downward trendline we have developed over the last few months.

thecodyinman

The 10 Yr Treasury is still struggling with that 3.8%ish level. We are likely in a sideways pattern for a few weeks until we get some economic data that can move the markets. There was a nice Death cross of the 50 EMA over the 200 EMA so it is looking more promising!

thecodyinman

10YR Treasury 8-14 If the 10 YR can close below that 3.801% level tomorrow the mortgage world will be back in business!!! - Cody Inman