Comments on: Fed Cut Bad News for Mortgage Rates–Whadya Mean? http://www.lendingclarity.com/2007/09/19/fed-cut-bad-news-for-rates-whatdya-mean/ Home loans made easy Tue, 6 Jan 2009 02:34:11 +0000 http://wordpress.org/?v=2.3 By: marc brinitzer http://www.lendingclarity.com/2007/09/19/fed-cut-bad-news-for-rates-whatdya-mean/#comment-13073 marc brinitzer Sat, 20 Oct 2007 00:38:08 +0000 http://www.lendingclarity.com/2007/09/19/fed-cut-bad-news-for-rates-whatdya-mean/#comment-13073 African or European swallow? African or European swallow?

]]> By: Daniel C. Salas http://www.lendingclarity.com/2007/09/19/fed-cut-bad-news-for-rates-whatdya-mean/#comment-13072 Daniel C. Salas Fri, 19 Oct 2007 18:25:13 +0000 http://www.lendingclarity.com/2007/09/19/fed-cut-bad-news-for-rates-whatdya-mean/#comment-13072 What is the air-speed velocity of an unladen swallow? What is the air-speed velocity of an unladen swallow?

]]> By: Marc Brinitzer http://www.lendingclarity.com/2007/09/19/fed-cut-bad-news-for-rates-whatdya-mean/#comment-12935 Marc Brinitzer Tue, 25 Sep 2007 16:12:26 +0000 http://www.lendingclarity.com/2007/09/19/fed-cut-bad-news-for-rates-whatdya-mean/#comment-12935 Ricardo, after the euphoria of last week's rate cut, this week's news hasn't been happy. The sharpest drop in consumer confidence since Katrina, a GM strike over job security (not wages and benefits--think about that), and Target and Lowes reporting lower same store sale. Bonds (and mortgage rates are recovering from the inflation fear of the Fed's last move). I wonder what another cut would do. Seems the Fed is in a tough spot. The long end of the yield curve isn't dropping as much as the short end. 30 year mortgage rates may not have much improvement left in them either way. Ricardo, after the euphoria of last week’s rate cut, this week’s news hasn’t been happy. The sharpest drop in consumer confidence since Katrina, a GM strike over job security (not wages and benefits–think about that), and Target and Lowes reporting lower same store sale.

Bonds (and mortgage rates are recovering from the inflation fear of the Fed’s last move). I wonder what another cut would do. Seems the Fed is in a tough spot. The long end of the yield curve isn’t dropping as much as the short end. 30 year mortgage rates may not have much improvement left in them either way.

]]> By: Ricardo Bueno http://www.lendingclarity.com/2007/09/19/fed-cut-bad-news-for-rates-whatdya-mean/#comment-12929 Ricardo Bueno Tue, 25 Sep 2007 01:17:06 +0000 http://www.lendingclarity.com/2007/09/19/fed-cut-bad-news-for-rates-whatdya-mean/#comment-12929 What's certain is that inflation concerns and the dollar exchange rate will heavily impact the bond market in the week ahead. What's more is that there is an anticipated fed funds rate cut of 25 basis points at the next Oct. 31st FOMC meeting. Do you think this will happen? What’s certain is that inflation concerns and the dollar exchange rate will heavily impact the bond market in the week ahead.

What’s more is that there is an anticipated fed funds rate cut of 25 basis points at the next Oct. 31st FOMC meeting. Do you think this will happen?

]]>