In other words, despite the fact that mortgage rates are at cycle lows, could the reticence on the part of the Fed to raise rates actually bring the hammer down on mortgage originations? Kroll Bond Rating Agency Senior Managing Director Christopher Whalen thinks so! “Policymakers are not watching spreads. There is a liquidity problem — this is […]
Come the December Fed meeting and after the strong jobs report that was recently released, does the Fed have any choice but to raise rates? The betting in the futures market leans to the side of a Fed tightening, or raising, of rates. But some of the actual economic evidence may seem to indicate that […]
For those who may not have heard, yesterday afternoon the Fed announced that it will leave its key interest rate at 0%! This move came as a surprise to some and as no surprise to others. I count myself as being in the ‘not surprised’ camp as I expressed in an article from about one […]
