The 7 year note auction today was graded as an “A+” that is huge for the market. Mortgage bonds remain at the 200 day moving average which remains the huge level of resistance we need to break for improved mortgage rates.
The 7 year note auction today was graded as an “A+” that is huge for the market. Mortgage bonds remain at the 200 day moving average which remains the huge level of resistance we need to break for improved mortgage rates.