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Showing posts with label InterestRates. Show all posts
Showing posts with label InterestRates. Show all posts
Thursday, December 25, 2008

The Fed versus Fear: A Status Report on the Economy

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As I have noted in recent posts, any growth in the economy appears to be coming out of the consumer sector, with growth in revenues from liv...
Monday, September 8, 2008

Mortgage Rates Fall on Fannie, Freddie Rescue

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Mortgage rates are down 35 basis points today on news of a Treasury-led bailout of mortgage giants Fannie and Freddie Mac. In trading today,...
Wednesday, September 3, 2008

On The Road To Depression

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In the most recent example of the Fed watching the wrong numbers, directors at the Federal Reserve Banks of Kansas City, Dallas and Chicago ...
Friday, August 29, 2008

Crashing Money Supply Numbers Signal Depression

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It is now clear that Ben Bernanke has no clue as to how to control the money supply. We have been commenting in recent weeks regarding the s...
Wednesday, July 23, 2008

Rates On 30 Year Mortgages Up Sharply

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The average contract interest rate for 30-year fixed-rate mortgages increased to 6.59% from 6.22%, according to the Mortgage Bankers Associ...
Thursday, June 19, 2008

Fed's Yellen Sees Signs of Recovery, But Conditons Not Normal

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Always keep an eye out for comments from San Francisco Fed President Janet Yellen. She never rocks the boat and always tows the line. If you...
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