MBS RECAP: Range Holds as Risk Appetite Returns

Posted To: MBS Commentary

Several events helped get investors back in a riskier mood to begin the new week. Overnight reports of the "status quo" candidate polling better in the French election helped the momentum get underway. During domestic hours, economic data was weaker overall, but generally ignored in favor of political headlines. Specifically, President Trump said he had big news on infrastructure spending to share at tomorrow's much-anticipated "address before the joint session of Congress" (in other words, don't call it a "state of the union" address). Dallas Fed President Kaplan added to the momentum when he offered his thoughts on the Fed's next rate hike . While he didn't come right out and say "March," he may as well have. Bonds were under steady...(read more)

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MBS RECAP: Range Holds as Risk Appetite Returns

Posted To: MBS Commentary

Several events helped get investors back in a riskier mood to begin the new week. Overnight reports of the "status quo" candidate polling better in the French election helped the momentum get underway. During domestic hours, economic data was weaker overall, but generally ignored in favor of political headlines. Specifically, President Trump said he had big news on infrastructure spending to share at tomorrow's much-anticipated "address before the joint session of Congress" (in other words, don't call it a "state of the union" address). Dallas Fed President Kaplan added to the momentum when he offered his thoughts on the Fed's next rate hike . While he didn't come right out and say "March," he may as well have. Bonds were under steady...(read more)

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Mortgage Rates Slightly Higher

Posted To: Mortgage Rate Watch

Mortgage rates moved slightly higher after a strong run to the lowest levels of the year as of last Friday. In general, financial markets moved toward safer investments (like bonds) heading into the weekend. When demand for bonds increases, rates move lower. As the new week got underway, market participants warmed back up to the notion of risk, thus undoing some of the positivity from late last week. Investors are curious to hear what President Trump has to say at his "address of the joint session" tomorrow night , especially after today's promise that there would be big announcements on infrastructure spending. Markets have been eager to get more clarity on fiscal programs. If the details are well-received, we could continue to see more momentum toward risk, and rates could continue to move...(read more)

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from Mortgage News Daily http://ift.tt/2lhLqCG

Mortgage Rates Slightly Higher

Posted To: Mortgage Rate Watch

Mortgage rates moved slightly higher after a strong run to the lowest levels of the year as of last Friday. In general, financial markets moved toward safer investments (like bonds) heading into the weekend. When demand for bonds increases, rates move lower. As the new week got underway, market participants warmed back up to the notion of risk, thus undoing some of the positivity from late last week. Investors are curious to hear what President Trump has to say at his "address of the joint session" tomorrow night , especially after today's promise that there would be big announcements on infrastructure spending. Markets have been eager to get more clarity on fiscal programs. If the details are well-received, we could continue to see more momentum toward risk, and rates could continue to move...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Mortgage News Daily http://ift.tt/2lhLqCG

A Designer's Eclectic Apartment in a House Full of Artistic Women — House Tour

Name: Karli Kane Hendrickson and pup Olive
Location: West Side, Providence, Rhode Island
Size: 659 square feet
Years lived in: Renting 1 year

Karli lives in a cozy apartment in a larger house inhabited entirely by female artists. On the first floor are two musicians in the Providence band Secret Circle, on the second floor is Muffy Brandt who runs a very successful Etsy shop. Karli's a graphic designer, illustrator and art director and resides on the third floor in a bright, creative space.

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Married Interior Designers Find Their Sweet Spot in a Historic Home — House Call

Name: Tracy, Jason and Lucy the Chihuahua
Location: Historic Village — Zionsville, Indiana

Tracy and Jason have a bright, clean and modern aesthetic that makes their 1890s historic home sing. After moving around for a bit their new home has beautiful hardwood floors, enviable amounts of natural light all in a seriously quaint small town. After a year in their space the home looks curated yet warm and is still a work in progress.

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5 Questions You Should Always Ask Before Buying a Big Appliance — Kitchn

(Image credit: Cathy Pyle)

From Kitchn → The 5 Questions You Should Always Ask Before Buying a Big Appliance

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