Author Archives: Lou Barnes

Today’s mortgage rate was set yesterday by China

By Lou Barnes | August 9, 2019 - 7:18 pm |August 9, 2019 Uncategorized

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Nothing matters for interest rates now except US tariffs and trade war. Nothing. Continue reading →

Did Fed know tariff threat was coming before it cut rates?

By Lou Barnes | August 5, 2019 - 2:48 pm |August 5, 2019 Uncategorized

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In the time since Donald Trump’s tariff announcement Thursday low-fee mortgages have fallen below 4 percent. Continue reading →

On earthquakes and interest rates, expect some ripple effects

By Lou Barnes | July 31, 2019 - 2:28 pm |July 31, 2019 Uncategorized

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The Federal Reserve will struggle to explain the need for more interest rate cuts after Wednesday’s expected reduction. Continue reading →

Big changes are coming to Fannie and Freddie … beware

By Lou Barnes | June 10, 2019 - 6:59 pm |June 10, 2019 Uncategorized

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Last weekend the Federal Housing Finance Agency announced the first in a likely series of changes at Fannie Mae and Freddie Mac. Continue reading →

The week in financial markets: Dow jumps following midterm elections

By Lou Barnes | November 10, 2018 - 12:15 am |November 10, 2018 Uncategorized

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The immediate reaction to the election was a 545-point jump in the Dow, and long-term rates on the edge of upward breakout. Continue reading →