2018 has been an interesting year to say the least. Stocks hit all-time highs and are now in the midst of their worst month on record in terms of outright losses. Rates hit their highest levels in at least 7…
Last week we discussed the possibility of mortgage rates continuing to fall despite the near certainty of this week's Fed rate hike. That's exactly what happened, but it was the move in stocks that got the most attention--not a surprising…
Last week, we discussed a surprising spike in market volatility. Fortunately, one of the volatile moves involved interest rates dropping to their lowest levels since September. This week has been quite different. The volatility is gone. Rates have bounced modestly…
Last week's newsletter asked whether or not the highest interest rates of this economic cycle are behind us. At the time, this was a relatively new and bold assertion. Now, this week makes that assessment look tame by comparison.…
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