Posted on Wednesday, 17th December 2008 by chrisjones

So here we go. The Fed has essentially signalled that it will fire all of its guns at once and explode into space (first to reply with that reference wins lunch), and that has turned the markets upside down. The 10-year bond is up a massive 200 basis points in the last 24 hours, but [...]

Tags: bonds, interest rates, market watch, mortgage industry
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Posted on Friday, 2nd May 2008 by chrisjones

Some have asked why I started sending out a Rate Watch email every morning. As if getting up at 5:30am were a pleasant thing (actually, if you try it, you find that it is, but that’s another column for another day). Allow me to explain. There are two reasons that come to mind immediately. The [...]

Tags: interest rates, mortgage loans, mortgage rates
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Posted on Thursday, 17th April 2008 by chrisjones

Inflation is the big problem this week, and it’s pushed mortgage interest rates to their highest level in 2 months. Today’s market news – bad earnings from nearly everyone and higher-that-expected jobless claims – should push bonds higher, but right now the market traders have decided that stocks are good and bonds are bad, and [...]

Tags: inflation, interest rates, market watch, mortgage loans, mortgage rates
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