The week in financial markets: Decoding the winds of change

What’s happening with interest rates, global business and the stock market …

The week in financial markets: Decoding the winds of change

What’s happening with interest rates, global business and the stock market …

What to expect from the Fed in 2018

Stay cool — the current flattening curve has little or nothing to do with the possibility of recession. The Fed intends to normalize, not kill the economy …

How long until mortgages are affected by short-term rate hikes?

A big week for news, especially for mid-December, but so scattered across the economic spectrum that sorting important versus not takes some work …

Mortgages unchanged immediately after Fed hikes rates: Why?

As expected, the Fed raised the overnight cost of money by 0.25 percent to a band of 1.25 percent-1.50 percent. The immediate response in long-term bond and mortgage markets was down. Slightly, but down …

The right way to buy a home for your kids

“Our kids are in their twenties, and we’d like to help them buy a home. What’s the best way to start?” This is a common query among aging baby boomer parents with a lot of home equity or long-tended stock market investments …

Will ‘small-minded’ tax bill nudge the market? Not likely

Financial markets do react to changes in financial public policy. That’s a valid axiom. So, if markets do not move when new public policy arrives, does that mean that markets no longer care? Or that the particular new policy does not matter …

‘Synchronizing’ of banks will result in rates hike

Long-term rates found bottom late this week. The rebound is not bad — mortgages still close to 4.00 percent — but risks have tilted upward. The financial/economic world is odd enough today without unusual political intrusion, thus making it more impo…

Markets leaning toward a mortgage rate increase

This week we can anticipate announcements around the Fed chair, tax reform and fresh September economic numbers. The 10-year has held the battle of 2.40 percent, and mortgages remain just above 4.00 percent, but odds favor them going up …

Markets leaning toward a mortgage rate increase

This week we can anticipate announcements around the Fed chair, tax reform and fresh September economic numbers. The 10-year has held the battle of 2.40 percent, and mortgages remain just above 4.00 percent, but odds favor them going up …