Latest News Tag: Market Trends

Last Week in Review: What the Market Is Saying Home loan rates continue to hover right near three-year lows. There are many "smart" folks on Wall Street who say rates are going to push even lower at some point...and they may be right. But what if they're wrong? What if rates have bottomed for the foreseeable […]

Last Week in Review: Recovering From the Coronavirus This past week was a bit rough for the Bond market as home loan rates steadily ticked higher and off the best levels in three years. The coronavirus has been a tailwind to the Bond market and home loan rates for the past few weeks, but this week […]

Last Week in Review: Home Loan Rates Decline Again The coronavirus outbreak in China continued to grip the financial markets this week. The total affected and number of deaths rose sharply throughout the week suggesting the virus is not yet contained. Stocks hate uncertainty and Bonds love uncertainty. As a result, Bonds traded higher to their […]

Last Week in Review: The Good News Flow Continues This past week, we watched home loan rates tick modestly higher and retreat from three-year lows. Why? There are three main reasons: U.S and Iran. On Wednesday, the de-escalation of tensions between the U.S. and Iran brought an immediate sense of calm to the financial markets. As a […]

Last Week in Review: Nice Start to 2020 The new year and new decade started, and good news, some things don't change. Stocks picked up right where they left off in 2019 by touching all-time highs. And Bonds, which also performed well in 2019, continue to hover near three-year highs, keeping home loan rates near 3-year […]

Last Week in Review: Global Improvement 2019 was an incredible year for Stocks, which finished the final trading week of the year at all-time highs. Generally speaking, when Stocks go higher, so do rates. And that was the case this past week as home loan rates ticked up to the highest levels in months. So, what […]

Last Week in Review: Goldilocks 2.0 As we enter the final weeks of 2019, the housing and home lending sectors have enjoyed a good year thanks to a "Goldilocks" scenario of a tight labor market, rising wages, consumer confidence, and three-year low interest rates. Many are asking "What should we expect for housing, and thus lending, […]

Last Week in Review: Changes That Could Affect Rates There are rumors that our Fed is considering an idea to abandon its present 2% target rate for inflation in favor of a floating target where inflation would be allowed to rise above 2% for some time before considering hiking rates. This comes with two consequences that mortgage lenders, […]

Last Week in Review: A Great Housing Backdrop Many are wondering what lies ahead for housing as we enter 2020. There are many reasons why the U.S. housing sector should do well for the foreseeable future, but here's three main reasons for the bright outlook: Housing Starts are improving. This is especially true for single-family homes, which […]

Last Week in Review: The Definition of Goldilocks "Looking ahead, my colleagues and I see a sustained expansion of economic activity, a strong labor market, and inflation near our symmetric 2% objective as most likely." -- Fed Chairman Jerome Powell, 11/13/2019 This quote from our Fed Chair on Capitol Hill this past week was the definition […]