Tag Archives: Bernanke

My Thoughts for the Week of December 16, 2013

Rates suffered a little more last week before rebounding a tad on Friday, overall ending the week just a little worse than we started. No change to interest rates, just a slight change to the credit associated with each rate. … Continue reading

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My Thoughts for the Week of Sept 16, 2013

You may have heard over the weekend that Larry Summers withdrew himself from consideration to be the next Chairman of the Fed when Bernanke steps down in a few months. This pretty much means that Janet Yellen will be the … Continue reading

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My Thoughts for the Week of July 29, 2013

Last week we saw Mortgage Backed Securities worsen by about 50 basis points, which caused mortgage rates to move higher by about .125%. This brought an end to the 2 previous weeks of rate improvements that I was expecting after … Continue reading

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My Thoughts for the Week of July 15, 2013

Last week saw mortgage rates improve an average of .125 to .250 percent from the previous week. While each day continues to contain volatility, we enjoyed rate improvements 4 out of 5 days with the largest gains coming on Monday … Continue reading

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My Thoughts for the Week of July 1, 2013

This week we are in store for two treats; markets will be closed for the 4th to celebrate our Independence and reopen on the 5th to celebrate our dependence on the monthly employment reports. A few weeks ago at the … Continue reading

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My Thoughts for the Week of June 24, 2013

Last week was nothing less than tragic for mortgage rates, as was anticipated if Bernanke could not calm the markets. In fact, instead of calming the markets as i thought he would, he came flat out and said QE3 will … Continue reading

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My Thoughts for the Week of June 17, 2013

The increase in rates over the last month has been a result of concerns that the Fed is about to begin its taper out of Bond and MBS purchasing, sparked by the greater than expected April employment report. After the … Continue reading

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My Thoughts for the Week of May 20, 2013

Last week was another wild ride in the bond/mortgage markets with big swings in both directions. What the markets gaveth on Thursday, they tooketh away on Friday. Rates are starting this week about a quarter point less in lender credit … Continue reading

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My Thoughts for the Week of March 18, 2013

Last week we saw improvements in rate pricing every day, which was welcomed yet somewhat expected after the pummeling rates took the week before. The improvements are continuing this morning on more troubling news coming out of EU, this time … Continue reading

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My Thoughts for the Week of January 28, 2013

This Week has a lot of data, the FOMC meeting, Treasury auctioning $99B of notes, and the January employment data. Also on the table, the Senate is expected to vote on the suspension of the debt ceiling that passed the … Continue reading

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