Recent Articles
25
2018
Double, double toil and trouble, fire brew and cauldron bubble. Ok, so I played Witch #2 in our 8th grade production of Macbeth. What do you get when you brew a cauldron filled with the Fed showing signs that they are not in a hurry to raise interest rates, add in a dash of banter between...
16
2018
Mortgage rates have been quiet for the past couple weeks but that ended yesterday as mortgage bonds sold off again over rising inflation concerns. It was not just over one report, but many showing inflation concerns that cause the sell off. These included manufacturing reports...
01
2018
Last week mortgage rates held their ground despite some mid-week volatility; ending the week about where we started. Domestically, economic indicators are in line with expectations but not on fire. GDP came in a little higher than expectations at 2.3%. Monday, PCE showed...
24
2018
A fundamental shift is happening and mortgage bonds have begun selling off little by little since the 18th causing rates to rise a bit this week. As I mentioned last week, there has been a tug of war going on and the “fear factor” with geopolitical events has been keeping...
17
2018
Tensions relax somewhat this week after the United States claims “mission accomplished” in Syria and Russia backs down on retaliation. The decision to strike came Friday evening after the markets closed preventing a knee-jerk reaction in the markets. The stock...