MTG also. The fun part is coming soon! So they only wrote 2.85B mostly new mtg's. Biggest profit. Slow time of year. Weather not helping. It's been a frustrating 7 mos. Patience is king! We will be richly rewarded! Spring selling season right around the corner. Now that buyers know we will never see a 30yr mtg @ 3.5% they will flock to buy now. It's all good cj. My new Bernie
It's still all good B! Wouldn't read to much into to next few trading day's price action. Fast money trading the technicals. New high new shorts came in. Nothing new.
Hey Bernie, We hit a new 52 week high yesterday. Low volume though. Momentum is building to the upside, but with 10yr 3+ holding us back temporarily. Still record low rates! 2014 going to be a good year for MTG and RDN.
If you think rates are going up, and its just a matter of time I would be a buyer. We probably won't breach the 4% mark on the thirty year until taper in March. If we get it tomorrow then thats another story. But I do not believe they stir things up until March.