bernanke: Jackson Hole for the Weekend and Europe for September!
- 08/27/12 04:12 AM
• It’s all about Jackson Hole - Bernanke and Draghi both • September is Europe’s month • Hints for the QE3 decision – Charts and GDP The past week we saw good progress in improving interest rates. The chart at the right shows the past 3 months of 10-yr Treasury yields. The month of July was all in the 1.4s and 1.5s. In August, on the glimmer of hope that Europe would do “whatever it takes” the US rate popped up to 1.8+%, but has since settled back down to the June norm of ~1.65%. Where will we be in a … (0 comments)
bernanke: Wait, Ben Bernanke, Did You Say 2014?
- 11/08/11 05:39 AM
Europe teased us with an on-again, off-again solution to the Greek crisis with the PM announcing early in the week a rejection of the life raft floated to them. The rejection was in the form of a referendum to happen in 2012. This was followed by some back and forth political posturing in Greece, some ineffective threats from the G20, and finally by a return to accepting the handout during the week. The chart at the right shows the impact on US interest rates with the US 10-yr Treasury dropping from last week’s 2.30% to 1.98% temporarily and then settling in … (0 comments)
bernanke: Supply and Demand Drives Rates - Comm'l SBA Loan Wish List for Congress
- 04/17/10 07:39 AM
Welcome to Tax Week. I hope your tax return is safely finished and in. That puts us squarely in the middle of April and only 18 days remain to get a valid contract in place to qualify for the $8,000 or $6,500 credit. Congress did heed the advice of realtors when the tax credit was extended this time, giving two deadlines for contract and closing rather than just one deadline which would cause log jam problems at title companies. If you didn't see the article Tuesday on the expiring tax credit in the Bulletin, Andrew Moore quoted Signet a few times. You … (0 comments)
bernanke: Early White Christmas and Musings on Short Sale Future Trends
- 12/07/09 05:31 AM
I hope your drive was safe this morning. Check that- what I really hope is that your driveWAY was scraped this morning by some kind soul. It was the first real use of the snow plow this morning, but here is the good news: In only two weeks, the days will start getting longer, everyday, bit by bit. Pictures from the Bend, OR office here and from our Alamo, CA home office here. The other good news? Rates are still fantastic. While the newspaper is a week late (see chart below) in reporting the 30-year-record lows on home mortgage rates we … (0 comments)
bernanke: Bernanke influences supply and demand on interest rates
- 10/12/09 01:34 PM
We have some great things learned in this past week and if you take nothing else away from today’s email remember 2 things: Rates are still unbelievably good, near 5.125% with no origination and 4.875% with normal origination and closing costs for conforming, conventional 30-yr Fixed, principal and second home purchases; and Don’t sit by waiting for improvement in rates. If you have a friend or client who wants to sit by and see if they can get to 4.5% or 4.625% like we saw earlier last week, advise them to take anything near 5%. The bond market (MBS) dropped off … (1 comments)
bernanke: Historic, Unprecedented Actions - Explained!
- 09/22/08 05:46 PM
Well, HISTORIC seems to be an understatement for the activity right now on Wall Street and Washington, D.C. Certainly the biggest financial activity since Black Monday in 1987 and the formation of the Resolution Trust Corp in 1989. I am sure you have heard and read much about the specifics of the rescue efforts so I will try to give you the mortgage-backed securities and long-term interest rate impact of these events to add to your knowledge-base of what’s going on. I hope you will be able to share this information with your clients in making significant financing decisions. It is … (1 comments)
• It’s all about Jackson Hole - Bernanke and Draghi both • September is Europe’s month • Hints for the QE3 decision – Charts and GDP The past week we saw good progress in improving interest rates. The chart at the right shows the past 3 months of 10-yr Treasury yields. The month of July was all in the 1.4s and 1.5s. In August, on the glimmer of hope that Europe would do “whatever it takes” the US rate popped up to 1.8+%, but has since settled back down to the June norm of ~1.65%. Where will we be in a … (0 comments)
;)
;)
;)
