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Fairly Calm Despite Some Fuel Price Pressure; Warsh on Deck
Fairly Calm Despite Some Fuel Price Pressure; Warsh on Deck To reiterate a sentiment from this morning, there's a decent amount of focus on Friday's Warsh speech at Jackson Hole simply because it's customary to focus on Fed Chair speeches at Jackson Hole. They're hit and miss in terms of delivering
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Mortgage Rates Hold Fairly Steady
Mortgage rates barely budged again on Thursday, but there was far less data to digest compared to Wednesday. Bonds (which dictate rates) were steady to slightly weaker. The "weaker" part connotes higher rates, but the weakness was late in the day and too small for most mortgage lenders to do anythin
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Hedging, Accounting, Verification, Jumbo, Workflow Tools; In-Person Events
Thank you to the folks who wrote to me about their concerns with the Reno fire, knowing my ties there (my place is safe). On a broader scale, as of August 24, the United States has had nearly 51,000 wildfires, blazes that have burned over 7.8 million acres, a concern of everyone including lenders an
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Counting Down to Warsh
While it may end up being a complete non-event, the bond market is counting the hours until Friday's Warsh appearance at Jackson Hole. There's nothing else on the calendar this week with any serious potential to upset the apple cart (and again, it's debatable that Warsh's speech is much more of a ri
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