Archive for 'Opinion' Category
Up? Down? Home Sales Report Flip-Flop
27 March 2007February New and Existing Home Sales Take Different
Conflicting reports on new home sales vs existing home sales were relased on Friday and Monday. NAR’s report on new home sales was sanguine and reported a surpising increase, while HUD’s report on Monday of existing home sales showed a marked decline. Whom [...]
Has the Fed changed its stance?
22 March 2007Mortgage Market Outlook: Float
Current opportunity for decreasing rates outweighs the risk of rising rates.
The bond market opened negative today, even though the stock markets were also down, and also despite weaker than expected economic news. This is likely due to profit taking on yesterday afternoon’s gains. Retail rates are currently improved by [...]