This past week was a classic example of how good news means bad news for bonds and home loan rates.
A little trade deal with Japan, solid housing numbers, and hopeful news on the... »
Read More of the post Bullard Wants More
This past week the Federal Reserve cut the Fed Funds Rate for the second time this year, lowering the rate to 2.00%. Remember that the Fed Funds Rate is a short-term, overnight rate... »
Read More of the post Three Things the Fed Said
This past week home loan rates ticked up sharply from the previous week leaving many wondering – have rates bottomed?
For would-be homebuyers, real estate agents, and folks working in the housing industry, here... »
Read More of the post Stocks and Mortgage Rates Rise
Bonds and home loan rates hate good news. So, the influx of positive news abroad coupled with strong jobs data here in the U.S. pressured mortgage bonds lower and home loan rates higher.
The... »
Read More of the post Too Much of a Good Thing
