This past week, we watched home loan rates tick modestly higher and retreat from three-year lows. Why? There are three main reasons: U.S and Iran. On Wednesday, the de-escalation of tensions between the U.S. and... »
Read More of the post The Good News Continues

The new year and new decade started, and good news: some things don't change. Stocks picked up right where they left off in 2019 by touching all-time highs. And bonds, which also performed... »
Read More of the post Nice Start to 2020

2019 was an incredible year for stocks, which finished the final trading week of the year at all-time highs. Generally speaking, when stocks go higher, so do rates. And that was the case... »
Read More of the post Global Improvement

“Let the Good times roll...” (The Cars) As we enter the final weeks of 2019, the housing and home lending sectors have enjoyed a good year thanks to a "Goldilocks" scenario of a... »
Read More of the post Goldilocks 2.0

There are rumors that our Fed is considering an idea to abandon its present 2% target rate for inflation in favor of a floating target where inflation would be allowed to rise above 2%... »
Read More of the post Changes That Could Affect Rates

That famous line describes the current wonderful backdrop for housing and the overall U.S. economy. Many are wondering what lies ahead for housing as we enter 2020. There are many reasons why the U.S.... »
Read More of the post A Great Housing Backdrop

“Looking ahead, my colleagues and I see a sustained expansion of economic activity, a strong labor market, and inflation near our symmetric 2% objective as most likely.” – Fed Chairman Jerome Powell, November 13,... »
Read More of the post A Goldilocks Economy

Right now, the biggest news story to follow is the U.S. and China trade negotiations. This past week, home loans started inching higher but were "saved" momentarily midweek when reports came out suggesting a... »
Read More of the post How Fast Rates Can Change

This past week the Federal Reserve cut the Fed Funds Rate for the third time this year, by .25%. Along with the rate cut, the Fed released a statement that suggested a "pause"... »
Read More of the post Fed Takes Action

This past week home loan rates were essentially unchanged from the previous week, breaking a trend of higher rates since the beginning of October. Bonds hate good news and there is still plenty to... »
Read More of the post The Remedy for Higher Rates

This past week home loan rates ticked up, yet remain just above 3-year lows. Here are 3 reasons why: Solid corporate earnings and future positive guidance from many public companies were a pleasant surprise... »
Read More of the post Optimism Hurts Rates

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

Home loan rates finished this past week essentially where they began, near 3-year lows. With all the chatter of a global recession and elevated fears that the U.S. will slip into a recession thanks... »
Read More of the post Fed vs. Recession

The U.S. Bond market traded in a tight sideways range, leaving home loan rates essentially at unchanged levels week over week. However, the technical picture reveals Bond market indecision as prices trade near... »
Read More of the post Indecision Ahead of Huge News Week

This past week had little economic data for the financial markets to react to. As a result, home loan rates have inched higher though they remain near multi-year lows. It is normal to see... »
Read More of the post Summer Sideways Trend Continues

This past week, Fed Chair Jerome Powell reaffirmed the Federal Reserve's dovish position as he testified on Capitol Hill, thereby paving the way for the first Fed rate cut in 10 years later... »
Read More of the post A Slow News Week Ahead

“It's like watching paint dry.” That was this past week as financial markets around the globe traded in a bit of a calm, sideways pattern ahead of arguably the most important economic event of... »
Read More of the post Calm Before the G20 Storm

What a difference a month makes. In May, stocks fell sharply, and interest rates declined each week. June has been a different story. The Fed has signaled rate cuts are likely coming. Stocks... »
Read More of the post Rate Decline Stalls

"Let the good times roll" (The Cars) — For the sixth consecutive week home loan rates declined, once again fueled by the ongoing trade tensions between the US and China. However, the decline in rates... »
Read More of the post Fed Cuts and Home Loan Rates