Good news from bonds and mortgages? Read and smile

Just like the ’62 Mets, everywhere columnist Lou Barnes looks in our economy today, global as well as U.S., he sees that the team is terrific, focused and productive, but the top leadership — irrespective of party or philosophy — can’t field, hit or pi… Continue reading

Mortgage rates rising — no matter what the Federal Reserve does

Long-term rates have stayed in a narrow range for anther week, mortgages still close to 4.00 percent. However, two developing patterns suggest changes ahead, although information wars make it increasingly hard to understand anything. Continue reading

Positive outlook clouded by the threat of impeachment

The Brexit deal, the trade negotiations with China and a new president of the European Central Bank are all good news. But the threat of impeachment is a wildcard. Continue reading

Washington’s political drama obscures potential new rate drops

The forecast for interest rates is still low, reinforced by new information from the Federal Reserve. Continue reading

Rates head toward all-time lows

The slowing global economy is not the fault of the central banks, and it’s beyond their repair. Global markets are slowing down for natural reasons, but we might be able to do something about the “unnatural” reasons: Predatory trade policies from the C… Continue reading

Appraisal requirements axed on sales of $400K and under: Fed

Approved by the Federal Reserve on Friday, the adjustment, from $250,000 to $400,000, marks the first time in 25 years such an appraisal threshold has changed. Continue reading

Housing market too strong for more Fed cuts

President Trump has tweeted that the “boneheads” at the Federal Reserve should lower interest rates to “zero” or “less,” but Federal Reserve Chairman Jerome Powell took a more moderate approach. Continue reading