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Where are interest rates going?

It seems the general consensus is that interest rates are going to drop "because of some Federal program" or, "because the Feds are going to make them go down to boost the economy." It seems we have...

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The Media Can Be Downright Silly

The media causes hysteria. It is what they are paid to do. As a newsperson you have to make something sound alarming, even if it is not, to attract eyeballs, to sell ad space. This is positively...

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They Go Down Forever!

Rates appear to be going down forever. There is no end to how low they can go, is there? Of course there is. And I find consumers have gotten used to not only low rates, but the fact that they will...

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The Latest On The Bond Market

Below is a copy of some data I received from a bond market data service I use that reports bond market news several times daily. It helps me get a gauge on which way interest rates may go for the day...

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Interest Rates Went Up This Week, About 1/4%!

Interest rates went up this week, about 0.25% to 0.375%, depending on the type of loan. Below are some details from a bond market service I use (called MBSQuoteLine) that sends me news on the bond...

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Mortgage Backed Securities MARKET UPDATE

I wanted to share today's update from MBS Online, which is the service that I use that tracks mortgage-backed securities, which is the best gauge of what the interest-rate market is doing. Here is this...

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