Jeff's Blog

So......Why are rates heading higher? Is the economy really doing better? Overnight in Tokyo , for example, US Treasury prices were lower, and rates higher, after a stronger-than-expected GDP number from Japan , which caused Asian stocks to rally. This followed a day in the US where the curve con...

The two major questions on the new conforming loans rage on: when and how? James Lockhart, OFHEO Director (the regulator for Fannie Mae and Freddie Mac) indicated that any increase in the GSE limits would require "new product approval process" to evaluate credit risk, concerns about geographic co...