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 report from the BLS was a train wreck! If the budget deal gets done this week, stocks should soar but I am not sure even a rising stock market will keep bonds from heading higher and rates lower.
Tags2017 Blackstone Bonds BX detroit Dividends FHA 203k Loan FHA 203k renovation loan FHA 203k streamline renovation loans FHA Loan FL Mortgage FOMC football Freddie Mac Gold Market Green Renovation HARP 2.0 housing market Mortgage mortgage market Mortgage Rates Nfl Purchase Mortgages Refinance Voume Renovation nation SPX SPY Stock Market Stocks Thanksgiving TLT Wall Street water conservation