Rates and News

The resilience of the economy is a matter of debate with different cases to be made depending on the data. But when it comes to the Fed's favorite reports, the data hasn't given them any reason to go easy on rates. The Fed doesn't directly dictate mortgage rates, but...

There was no rest for weary rate watchers after last week's rout. This week turned out to be even more volatile. UK in The Spotlight (Still) UK issues are still having a big impact.  Last week's rate spike was most readily attributable to market panic over a budgetary...

In order to make the most of today's newsletter, you'll need a basic understanding of the Fed Funds Rate (the thing the Fed actually hikes or cuts in an attempt to keep inflation in a target range) and the fact that mortgage rates are very different from the Fed Funds...