Rates Tick Up on Fed Comments Central banks around the world have had a heavy influence on mortgage rates recently. In the previous weeks, the European Central Bank’s (ECB) plan to expand its bond […]

Foreign Central Bank Actions Lift Stocks, Rates Stay Flat Last week European Central Bank (ECB) President Mario Draghi suggested that the ECB may expand its bond purchase program at its next meeting in December. […]

Is the Economic Porridge Cooling Off? Many investors have dubbed the status of our US Economy as “Goldilocks”, not too hot and not too cold. But the most recent economic data has suggested that […]

Stock Rally Pushes Rates Up  Investors large and small typically seek the relative safety of the bond market (including mortgage bonds) during times of uncertainty.  Rates over the last month have benefited from this […]

Swing and a Miss!  Job Report Strikes Out Friday’s key Employment report was disappointing nearly across the board. Against a consensus forecast of 205K, the economy added just 142K jobs in September. In addition, […]

Heads Up, Yellen Says Hike Coming Soon On Thursday night, Fed Chair Yellen gave her first speech since the Fed meeting on September 17. She clarified many of the issues which had created uncertainty […]

Take a Hike? Fed Says No Heading into Thursday’s Fed announcement, investors were split about whether the Fed would raise the federal funds rate for the first time since 2006. The Fed chose to […]

It’s Showtime for the Fed Investors remain almost evenly divided about whether the Fed will raise the federal funds rate on Thursday. Fed officials have stated that policy decisions will be determined by the […]

Rates Stay Flat on Mixed Employment Data Friday’s Employment report came in close to the forecasts overall, but did little to shed light the prospects of a Fed rate hike in September. Rates have […]

Stock Market Volatility = Rate Volatility Over the past week, mortgage rates were pushed and pulled by unusually large movements in global stock markets, which overshadowed our positive US economic data. Concerns about slowing […]