Last Week in Review: Thinking Like an Investor This past week we watched home loan rates touch three-year lows as investors around the globe continue to seek the safe haven of the U.S. dollar. Why are global investors moving money into the U.S. dollar and safe instruments like U.S. Bonds? Due to the lingering uncertainty behind […]
Latest News Author: Jordan Reed
Last Week in Review: First Fed Rate Cut in 10 years This past week the Federal Reserve (Fed) cut the Fed Funds Rate by .25% to 2.25%, the first rate cut in 10 years. Many consumers are wondering why home loan rates haven't declined by .25% in tandem with the Fed action. Let's break down […]
Last Week in Review: Indecision Ahead of Huge News Week The U.S. Bond market traded in a tight sideways range, leaving home loan rates essentially at unchanged levels week over week. However, the technical picture reveals Bond market indecision as prices trade near the best levels of the year. Why the indecision? The financial markets are […]
Last Week in Review: Summer Sideways Trend Continues This past week had little economic data for the financial markets to react to. As a result, home loan rates have inched higher though they remain near multi-year lows. It's pretty easy to see the sideways trend in mortgage Bonds and the reason why home loans have […]
Last Week in Review: Goldilocks Scenario for Housing Continues... The housing market is enjoying a great 2019 and the good times are poised to continue. We are seeing home price gains slow to a healthier level and at an equilibrium with wage growth. Consumer and business confidence remain at multi-decade highs, unemployment rates are at 51-year […]
Last Week in Review: Rate cuts are coming This past week the Federal Reserve, aka "The Fed", held their June meeting and as expected, left rates unchanged. However, they said some key things which helped both Stocks and Bonds move nicely higher, with rates touching the best levels in 21 months. The Fed removed […]
Last Week in Review: The rate decline stalls What a difference a month makes. In May, stocks fell sharply, and interest rates declined each week. June has been a different story. The Fed has signaled rate cuts are likely coming. Stocks have been rallying higher, and the decline in interest rates has stalled. The Fed can't […]
Last Week in Review: Fed cuts and home loan rates For the sixth consecutive week home loan rates declined, once again fueled by the ongoing trade tensions between the US and China. However, the decline in rates was halted on the notion the Fed is likely to CUT rates soon. Huh? That's right -- a couple of Federal Reserve […]
Last Week in Review: Interest rate disconnect "Sell in May and go away"... an old Wall Street investment strategy which suggests not owning Stocks during the Summer months. That investment strategy certainly worked this past May as Stocks declined each week in response to escalating US/China tensions, weakening global economic reports, and increased fears of a US recession. […]
Last Week in Review: Uncertainty helping rates The ongoing and unresolved US/China trade turmoil is the biggest story to follow right now. The uncertainty and negative headlines associated with the negotiations have pushed Stocks lower for most of May, with Bonds and home loan rates being the beneficiary. We would like to think that the talks over […]