How the Feds Influence Interest Rates; Explained
Anyone watching the evening news has likely heard about the pending increase in interest rates by the Federal Reserve bank. But what exactly are they doing. This article from the Los Angeles Times does a great job explaining the tools at the Federal Reserve’s disposal and how they influences broader interest rate environment. To view Read more ➝
Mortgage Rates Top 4% in Test for Housing
Mortgage rates extended above the 4% threshold last week in concert with an increase in the yield on on the 10 year treasury. Investors are demanding high yields on the 10 year treasury as they anticipate an increase in the Federal Funds rate. Time will tell what impact these higher mortgage rates will have on Read more ➝
College Graduation. A Time For Optimism.
I recently attended my daughter’s college graduation ceremony and can say, if you are ever feeling down and blue about the future, swing by a college commencement ceremony. The graduates’ accomplishments and speeches are so uplifting, they will surely recalibrate your optimism. And why shouldn’t they be optimistic. For them, the consequences of failure are Read more ➝
