Mortgage backed securities extended their price gains yesterday after the Department of Treasury successfully auctioned $13 billion of 30 year bonds. The demand wasn’t as strong as the prior day’s 10 year auction but good enough to all MBS prices to move higher for the second day in a row. To remind readers, as MBS price move higher lenders can offer lower mortgage rates but if MBS price moves lower lenders are forced to increase mortgage rates. All lenders did reprice for the better as MBS...

I got up early today, and got on my computer, waiting for my 'morning coffee' that my loving Wife brings to me every day

She was preparing to take my Daughter to School, and I asked her to listen to my head phones... On it, was playing the song Jessie's Girl I had it on YouTube so that you could see the words while you listen to the song, well, I got a kiss as she went out the door, and when she came back ... Well worth it to please such a wonderful woman!
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We had an awesome day woke up at nine and spent the day at Nascar Hall of Fame. This place is awesome. You learn about the legends, cool fun interactive exhibits. I couldnt get passed lap two in the simulator. I learn a couple of bootleggers started it all.

Im just glad I could do something for my Pookie!
Have a peaceful one and remind the one you are with why they are special

Sunnykayak music video weekend another fabulous hit by Lady Gaga. Then You Love Me full...

Today I went to my Heart Doctor... Why I say Heart Doctor I dont know, because it seems I always get the 'Nurse Practitioner' looking at me. But, I dont really mind, because I can 'understand' her, the Doctor is a foreigner (wears a turban), and I have a terrible time understanding him! Thing is, if I dont have the Nurse Practitioner to translate for me-->I dont hear so well anyways, and some one with an accent, well, I simply dont understand them at all!!
Well, I got a 'go for it'...

Mortgage backed securities opened lower yesterday forcing lenders to increase consumer borrowing costs from the prior day. The trading action was rather boring with MBS move sideways in an extremely tight range until 1pm. At that time, the Department of Treasury released the results of the 10 year treasury auction which drew very strong demand. As a result, MBS started to rally and lenders reissued rate sheets lowering consumer borrowing costs.

The data picks up today with 3...