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Housing bill sails through Senate, cruising toward passage

The Senate passed a bipartisan housing package, which includes certain community bank provisions, in an 85-5 vote. The House is set to vote on the package Wednesday.
What's Up With Bonds Decoupling From Oil, Etc.?

What's Up With Bonds Decoupling From Oil, Etc.? On the average trading day in the past few months, if oil prices were down, and especially if other bond markets were rallying, U.S. bonds were probably rallying too.  Today was the opposite and there are no glaringly obvious reasons. It's the sort of
Mortgage Rates Bounce Back Toward Recent Highs

Mortgage rates gave back the improvement seen last Thursday and broke above last Wednesday's levels to hit the highest mark since June 10th. This isn't a big range in the bigger picture, but it does leave rates near 10-month highs. The move is also a bit counterintuitive given developments in other
Pamela Heman

Pamela Heman

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