Tag Archives: Federal Reserve System

Guest Post – Weekly Economic Summary by Shaun Meller of Bank of America

Last week in review – (January 17 – 21, 2011)   The US dollar is starting 2011 with its value dropping relative to other currencies. Let’s take a look at why and what this could mean for home loan rates. Some … Continue reading

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All Things Come to an End (including historically low interest rates)

All things come to an end (Chaucer) and so it goes for the historically low mortgage interest rates that we have seen over the preceding eighteen months. The yield on ten year U.S. Treasury bonds has been rising since QE2 … Continue reading

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Deflation, Inflation, Interest Rates, and Home Pricing

The psychology of deflation has worked to put continued downward pressure on nationwide home prices over the past twenty-four months. The deflationary spiral works like this: 1.  Consumer spending slows by choice (purchasers are “deal hunting”), or by discretion (purchasers … Continue reading

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