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Category: Interest Rates

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Shocking: Rates Shoot UP After War Starts; Why The Rate-Increase Makes Me Happy

I: WWI: The 1914 assassination of Franz Ferdinand triggered a series of events that led to the outbreak of WWI. In response, the Dow Jones fell 30%, and bond yields

Why Timing The Market Never Works: There Are Way Too Many Variables!

We quoted a refinance to a borrower last fall with a rate in the 5% range. It was no cost, and it would have saved her thousands of dollars –

Strong Job Numbers Push Rates Back Up; Conventional Vs. Conforming Loans – Difference?

I. Strong Job Numbers Push Rates Back Up We had a stronger-than-expected jobs report from the government (BLS) today – and rates shot way up. A few observations: George Gammon