The day after Thanksgiving is a busy shopping day nationwide and, this year, analysts are paying extra attention to sales figures.

Dubbed “Black Friday” in reference to red ink representing loss and black ink representing gain, today”s start to the Holiday Shopping season is believed to be the day that retailer balance sheets finally cross [...]

Happy Thanksgiving.  In what has been a trying year for many, our best wishes to you and your family.  May you be thankful for what’s really important and optimistic about what is around the corner.  Hope is healthy.  And on the heels of what’s really important, back to financial summaries…bond traders are feeling thankful, here’s [...]

Like everything else on Wall Street, mortgage markets are based on supply and demand. When demand outweighs supply, mortgage rates fall.

So, Tuesday, when the government unexpectedly announced a $500 billion budget for buying mortgage debt from Fannie Mae and Freddie Mac, the [...]

Wow. The post is coming a little later today, but we’ve let the dust settle a bit on what has been a crazy day.

Here’s the rough overview: Mortgage Rates changed today…and big.

The Fed is purchasing $600 Billion (yes, the one with a B and [...]

Biggest news of the day:  Citigroup set to receive a massive injection of cash in exchange for issuing the US Government $27 Billion in preferred shares.  This is an interesting topic that we’ll probably address again—but this could be profitable for taxpayers over time.

In the mortgage world, we’re still in that narrow trading range [...]