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A stronger stance against inflation by the Fed - which would mean rate hikes ahead - could help strengthen the Dollar, combat high oil prices, and cause Bonds and home loan rates to improve, as inflation is the arch enemy of both. It will be important to see what the Fed decides to do about the F...
06/30/2008
In interesting news yesterday - the Senate voted 81-16 to approve anamended version of the Economic Stimulus Plan. The Bill will now go back tothe floor of the House for approval of their amendments. One provision that ispertinent to mortgage lending states that a loan originated between July 1, ...
02/08/2008
Today is September 25, 2007Mortgage Bonds are trading slightly higher this morning after some weaker than expected economic reports.For instance, Consumer Confidence for September was reported at 99.8, which is lower than expectations of 104.5 and is the lowest level since November 2005.In additi...
09/25/2007
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