Blaine's Blog

Mortgage and Lending - Hamilton State Bank
Hello Everyone, Once again, the markets have survived a week of huge borrowing from the Treasury. Over $107 billion in capital was sucked from the markets with little or no negative impact on rates. Many analysts (me included) are amazed at how the markets have shrugged off the never ending deman...
Hello Everyone, It was a quiet week for interest rates as most trading desks where a bit short staffed going into the long holiday weekend. There also wasn't much on the news front building up to the big event of the week, today's employment report. Early week news showed a nice jump in productiv...
Hello Everyone,It has been a busy week in the interest rate and financial markets.  There was a lot of news to digest but I want to focus on the three highlight reports.  Those were the Fed meeting and rate cut, the 3rd quarter GDP report and today's employment report.  The Fed meeting went from ...
 Hello Everyone,Rates drifted lower early in the week, only to drift slightly higher today. The move was based on economic news (which I'll get to in a moment) along with some so called "flight to quality" buying in bonds as financial stocks took big hits to their prices this week. The net result...


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I post a weekly update on what's going on in the economy as it relates to mortgage interest rates. I also put out a weekly rate sheet available via e-mail. From time to time I'll post other items related to the housing industry, the economy and the markets.