Tag Archive for: rates down

Rates Fell Again – Why? Unexpected, As Per Usual

Rates have moved steadily lower over the last week. And, as per usual, nobody saw it coming. The unexpected news that pushed rates down included the following: Nancy Pelosi’s Impeachment Inquiry. Major uncertainty in both political and economic arenas tends to push rates down. Waning Consumer Confidence. Traders watch these surveys closely and react sharply […]Read More

What Could Bring House Prices (and Rates) Down? The Elephant In The Room

DUDE SELLS TOO SOON! I was at a graduation party yesterday and the host told me how his law partner sold his Silicon Valley home two years ago b/c he was convinced the market had peaked. It hadn’t. The poor guy’s former home has gone up another 20% (several hundred thousand dollars) since he sold, […]Read More