Ben Bernanke
My rate lock call ahead of the Fed meeting was right.
Comments on today's data: Housing starts, mortgage applications, industrial production
Comments on today's data: Housing starts, mortgage applications, industrial production
I apologize to the world's imbeciles for the politically incorrect act of comparing them to Congressmen.
I apologize to the world's imbeciles for the politically incorrect act of comparing them to Congressmen.
Most critical highlights of Ben Bernanke's post FOMC press conference April 25.
Preview of Fed press conference. Plus today's stats: mortgage applications, durable goods.
Quick takes on all key data/trends. With rate impacts.
Rates may not rise even if we get a better jobs report this week.
Electorate may quickly forget about candidates' policy positions, but market participants haven't forgotten about Europe's debt woes. This keeps a cap on rates.
Rates started the day up, but have since dropped. Here's why.
Rates got within .125% of all-time record lows briefly Tuesday as mortgage bonds rallied a third straight day. This happened because Greek Prime Minister George Papandreou said he wanted to let his people vote on further austerity measures that are a condition of the EU’s bailout plans for weaker Eurozone countries like Greece. Mortgage bonds
Rates were even to end last week after +/- .25% daily swings, and are still up .25% from all-time record lows set October 3-4. Another huge week ahead: Fed and ECB rate meetings, October jobs report, lots more earnings, and Europe’s debt crisis slogs on. Below I recap last week, then preview what’s coming. And
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