Month: February 2023

Europe Driving Gains While US Bonds Resist

Today’s big story is the European bond market’s reaction to the European Central Bank (ECB) announcement.  The hike was as-expected, but the ECB also said the next rate hike is already locked in for March at which point it will reevaluate.  That reevaluation means a pivot toward smaller rate hikes followed by a pivot to no rate hikes.  And if you ask markets, there will then be a pivot to rate cuts as early as Q4 2023.  Traders see the pre-commitment for March’s hike as evidence that the dovish shift has begun.  The result is a massive rally in EU bonds–far too big for US bonds to try to match.  In fact, 10yr yields are rallying at a mere quarter of the EU 10yr pace. The caveat is that US 10s got in quite a bit of rallying yesterday while EU bonds were already done for the day.  If we use the same 30bps of y-axis range for both, the net effect is only slightly lopsided in EU bonds’ favor. The gains mean the prevailing range (which had bottomed out at 3.40-3.42) has been broken yet again.  This happened a few weeks ago as well, but it didn’t stick.  Things look more serious this time, so it makes sense to consider subsequent technical targets.  3.31 jumps off the page as the absolute intraday low from January 19th.   3.25 gets the nod, and probably always will, due to its role as a ceiling level in late 2018. 

Guaranteed Rate loan programs aim for lower rates for builders, borrowers 

Guaranteed Rate’s Lock ‘N’ Sell rate lock and forward commitment programs are intended to address affordability challenges.

Top Flite Financial Review: A Lender That Specializes in Cash Out Refis for Those With Less Than Perfect Credit

Today we’ll check out “Top Flite Financial,” a mortgage lender that constantly lands in LendingTree’s top-10 rankings for customer satisfaction. In fact, they’ve earned that distinction in each of the past four quarters and beyond, a strong testament to their exceptional (and consistent) customer service. The company began as a small mom and pop shop… Read More »Top Flite Financial Review: A Lender That Specializes in Cash Out Refis for Those With Less Than Perfect Credit

The post Top Flite Financial Review: A Lender That Specializes in Cash Out Refis for Those With Less Than Perfect Credit appeared first on The Truth About Mortgage.

Townstone wins order to dismiss CFPB’s redlining lawsuit 

In July 2020, the CFPB filed a lawsuit accusing Townstone of discouraging prospective African American borrowers in the Chicago metropolitan area from applying for mortgages.

Mortgage Calculator

Mortgage Calculator is a post from Pocket Your Dollars.

Tips to Spend Less Money

If you need tips to spend less money, you’ve come to the right judgment-free zone. I feel like I should introduce myself. “Hello. My name is Elissa, and I am an unconscious spender.”

(“Hello, Elissa.”)

“I give myself a $200 allowance every two weeks, but when the cash is gone, I use the credit card or hit the ATM. A hundred here, a hundred there. I feel like that Fast Cash $60 button is a slot machine in a casino!”

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What Money Issues Does Our Lame Duck Congress Need To Address?

Now that election day has come and gone, and because there will be some drastic changes in the makeup of the congress, we’re in a sort of limbo – the lame duck congress. Despite the fact that many of these politicians won’t be returning, there are still a ton of things that really need to […]

The post What Money Issues Does Our Lame Duck Congress Need To Address? appeared first on Bible Money Matters and was written by Peter Anderson. Copyright © Bible Money Matters – please visit biblemoneymatters.com for more great content.

88 Life and Financial Tips That Will Change Your Life

As each year ends, I like to round-up all of my blog posts on Making Sense of Cents from the past year in one easy spot so that you can check them all out and see what interests you. I have divided all of my blog posts into the following categories: Freebies you can sign […]

The post 88 Life and Financial Tips That Will Change Your Life appeared first on Making Sense Of Cents.