Julian Hebron

Why? Because mortgage rates fall when bonds rally on current or anticipated good news. So as bond traders have anticipated the good news of Fed cuts beginning September 18, they've bought mortgage bonds.

Janet Yellen, who formerly ran Fed and now runs Treasury: "I'm attentive to downside risks now on the employment side, but I what I think we're seeing, we will continue to see, is a good, solid economy,"

– There's nothing in the data that's ringing recession alarm bells. – We're settling into a slower expansion. That's it.

Here's the Fed's projections showing they may cut a total of 100 basis points in 2024, and another 100 basis points in 2025. Spot on or too aggressive?

Bond trading lowered mortgage rates 1.375% from April to now. After today's Fed cut, mortgage bonds gave some back, pushing rates up a bit. Strange but true.

JPMorgan CEO Jamie Dimon on AI, IPOs, Fed cut path, role of government, and the ideal president

To honor SpongeBob 25th anniversary, Wendy's is serving Krabby Patties. Spoiler alert: Squidward is pissed about it.

MBA Annual 2024 Conference live blog on mortgage originations, servicing, affordability, rates, regs, tech, lender health after 2 tough years

2025 Fintech Trends Are Looking up: Growth & dealmaking for fintech pros; cool innovation from Startups, Big Banks, Big Tech for consumers.

U.S. statistical agencies, including one that publishes monthly jobs report, are under financial pressure that jeopardizes the data. The ripple effects hit everything from investment decisions to funding for local developments.