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August 26, 2022
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MBS Commentary
Powell's Jackson Hole speech may as well have been written in advance by anyone who's done a remotely good job of paying attention to recent Fed comments as well as Powell's press conference comments from July 27th.  The bond market appropriatel... (read more)
Mortgage Rate Watch
While it was never likely to contain too many surprises, this week's much-anticipated Jackson Hole speech from Fed Chair Powell served as an important reminder as to why rates have risen so sharply in August. The Fed has 8 scheduled policy meetings ... (read more)
Rob Chrisman
Abraham Lincoln famously stated, “Don’t believe everything you read on the internet.” There are always rumors out there. The latest to cross my desk, given the student loan forgiveness news, is that Nancy Pelosi (very distantly related to California’... (read more)
Mortgage Rates
MBS / Treasuries