Recent Articles
Aug
21
2018
21
2018
Uncertainty with trade keeps mortgage rates from rising
With no economic reports this week, the bond market is focused on geopolitical issues. Trade talks with China take the main stage. Until the trade/tariff negotiations are more settled, rates have some support to stay at current levels just due to the uncertainty the markets have on...
With no economic reports this week, the bond market is focused on geopolitical issues. Trade talks with China take the main stage. Until the trade/tariff negotiations are more settled, rates have some support to stay at current levels just due to the uncertainty the markets have on...
Aug
14
2018
14
2018
Nothing is moving the needle on mortgage rates; continue to hold at current levels
It’s much ado about nothing as we have a lot of news but none of it making a significant impact on mortgage rates. Last week headline CPI, our key inflation measure ticked up again, but Turkey’s currency devaluation dwarfed all other economic news for the week. ...
It’s much ado about nothing as we have a lot of news but none of it making a significant impact on mortgage rates. Last week headline CPI, our key inflation measure ticked up again, but Turkey’s currency devaluation dwarfed all other economic news for the week. ...
Aug
03
2018
03
2018
Rose colored glasses
It’s all coming up roses as the economy continues to show growth. It doesn’t get much better than a growing economy and stable inflation. Last weekthe second quarter GDP was released at 4.1%, a strong increase over first quarter GDP at 2.2%. The key inflation...
It’s all coming up roses as the economy continues to show growth. It doesn’t get much better than a growing economy and stable inflation. Last weekthe second quarter GDP was released at 4.1%, a strong increase over first quarter GDP at 2.2%. The key inflation...
Jul
10
2018
10
2018
Is the yield curve a crystal ball into the future?
Mortgage rates remain unchanged over the past few weeks as investors try and gauge the impact and direction of the trade war. As long as the outcome of the trade wars remains uncertain we don’t expect much movement in rates. Since my last update a few weeks ago, we have...
Mortgage rates remain unchanged over the past few weeks as investors try and gauge the impact and direction of the trade war. As long as the outcome of the trade wars remains uncertain we don’t expect much movement in rates. Since my last update a few weeks ago, we have...
Jun
01
2018
01
2018
Strong economic data pressures mortgage rates
Mortgage rates gave up some of the improvements we saw last week. The geo-political situation has mellowed out just enough to shift the focus back on the economy. Italy has installed a new government; their debt situation is not resolved but things have calmed down for now....
Mortgage rates gave up some of the improvements we saw last week. The geo-political situation has mellowed out just enough to shift the focus back on the economy. Italy has installed a new government; their debt situation is not resolved but things have calmed down for now....