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Bonds Tell Warsh What They Think of His Changes
Bonds Tell Warsh What They Think of His Changes Ironically, one of Warsh's comments in today's press conference was that market movement is the most important source of information for the Fed. At the same time, the market was effectively saying that it was also fond of hearing what was on the Fed's
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Mortgage Rates Spike in Response to Fed
Mortgage rates quickly erased a week of progress this afternoon following the Fed announcement and press conference. Fed announcement day historically has several components: the announcement itself, the summary of economic projections (SEP), and the press conference. Within the SEP, there is the d
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NMLS Review, Fraud Monitor, Margin Mgt. Tools; Mortgage Products Shifting... Progressive's "Uppayment"?
Here in Honolulu, as it is in places like Florida and New York, the condo market and HOA fees are of paramount importance, as are the affordability impact of special assessments. Even though the inventory of houses for sale has steadily increased in many areas, some people want more. One idea being
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What Are Bonds Waiting For?
So far today, we've seen some war-related headlines that feel like they should have gotten at least a mild response (Trump saying MOU isn't final and could go back to dropping bombs) and a Retail Sales report that speaks to ongoing economic expansion at a faster-than-expected pace. Both of those thi
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