January 5, 2015
CD rates to slowly rise in 2015
"Fifteen of 17 participants in the Federal Open Market Committee think the target rate for federal funds will reach 1.5 percent by the end of the year, although the fed funds futures market expectations are only 0.5 percent."
Don't fight the Fed!!
Um, unless you are the futures market. If that's the case, then you can take them in the first 9 rounds and end the fight with a TKO. ;)
"The Lock-In Effect of Rising Mortgage Rates"
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Today, in the Calculated Risk Real Estate Newsletter: "The Lock-In Effect
of Rising Mortgage Rates"
A brief excerpt:
Here is new working paper from Feder...
10 hours ago
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