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I am a big follower of ECRI and I find their stuff right on much more often then most prognosticators.
Looks like the stock surge this week as expected is causing a sell off in the MBS market and thus causing a back up in mortgage rates. They are still close to record lows but if the stock market starts … Continue reading
Looking at the back up in rates this week one would normally ask is the recent rate rally over? I think that we are going to see lower rates from here based on continued weakness in the economy. Friday’s employment … Continue reading
I thought I should post the first video in the series since everyone loved the most recent version.
This is the second video in the series.