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Rates

Does Trump get a percentage royalty from the sales?
 
A flashback to the end of 2019. The Fed signaled that QE was over and we were all getting ready for a slow spell

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As mortgage rates appear headed to 7%, mortgage applications, after a few months of good times are headed back down to the basement:
(WSJ)

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The Fed raising the rate tomorrow is a terrible idea.
 
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This 5-5.5% range is a big level. There is a good chance that buyers step in here. We will see what happens but it is possible that it moves back to the moving average. We can probably expect it to at least stall in this box for a month or two.

Let's see what happens.
 
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This 5-5.5% range is a big level. There is a good chance that buyers step in here. We will see what happens but it is possible that it moves back to the moving average. We can probably expect it to at least stall in this box for a month or two.

Let's see what happens.
Perfect timing for them to **** appraisers with low 3.6 fees due to reduced work load.
 
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The buyers are stepping in so far at this 5%-5.5% level. So far the 10 year yield is showing a higher high while the RSI is showing a lower high. We will see what happens in the next couple months but right now it is looking pretty good for a move down to the moving average. That would put the 30 year fixed below the rates at the beginning of the year.

Let's see what happens.
 
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