Posted on Wednesday, 10th February 2010 by chrisjones
Okay, well, it’s not that dramatic, but I do have a new post up on Zillow’s Mortgages Unzipped, with some in-depth commentary on why mortgage interest rates are not rising dramatically, pronouncements of doom to the contrary. Thought you might like to see it.
Tags: Fed, lehi mortgages, RateWatch, Zillow
Posted in Blog & News, General | Comments (0)
Posted on Thursday, 25th June 2009 by chrisjones
Market: So, yesterday we were watching the Fed, and as it turned out there was nothing to see. Bonds ended exactly flat at 0. Today we’re up 12bps and sitting on a multiple resistance line (Note: if this doesn’t make any sense to you, don’t worry. It’s not important in the cosmic sense. I just [...]
Tags: Fed, RateWatch, utah broker, utah mortgage, utah mortgage lender, utah mortgage rates
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Posted on Wednesday, 24th June 2009 by chrisjones
Market: Flat. We’re down 16 bps, which doesn’t signify. It’s been this way since Monday. Rates holding 5.25%-5.5%, depending on about 84 things. Analysis: The Fed is meeting, and should release something in about an hour. The fun part is predicting a) what they will say and b) what will happen to the markets when [...]
Tags: Fed, RateWatch, utah mortgage, utah mortgage broker, utah mortgage rates
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Posted on Tuesday, 19th May 2009 by chrisjones
A couple weeks ago I posted about debt and spending in A Conundrum Wrapped in a Paradox, Stuffed in a Burrito. The point was that we as a country can get – and have gotten – to a place where we can’t keep spending as we have, because we weren’t spending our money, and now [...]
Tags: debt, Fed, personal responsibility, savings
Posted in Blog & News, Finance 101, General | Comments (0)
Posted on Thursday, 19th March 2009 by chrisjones
Yesterday the Fed announced a couple of things of critical import to the mortgage world. One, it is not doing much of anything with the Fed rate for the forseeable future. There is not going to be a rush to raise interest rates even if the economy improves dramatically, and there’s no reason to think [...]
Tags: Fed, MBS, mortgage rates
Posted in Blog & News, General, Rate Watch | Comments (0)
