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According to the Bureau of Economic Research, the US economy was already on the decline before the COVID pandemic hit. This aligns with our previous forecast of a recession in 2020. The fact that COVID hit the economy as hard…
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Additional Articles
Bonds Heading Towards the Ceiling
Mortgage bonds are off to a great start in early morning trading, as...
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Bond Market Stabilizing
Both mortgage bonds and stocks are slightly higher in early morning trading, as...
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Is Job Growth Really a Surprise?
Mortgage interest rates took a step higher as the stock market rally sucked...
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Mortgage Rates Pressured Higher
Mortgage bonds are losing an important battle, falling beneath their 50 day moving...
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A Strong Market Recovery Seems Inevitable
The US stock market continues to climb higher in premarket trading, as a...
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Fear Continues to Grip America
Not only do we have a pandemic to fear, America now fears its...
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Job Losses Continue
This morning’s Unemployment Report showed that job layoffs are still coming in strong,...
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Job Losses Continue
This morning’s Unemployment Report showed that job layoffs are still coming in strong,...
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Mortgage Industry Becoming More Healthy
After nearly seizing over the past few months, the mortgage industry is coming...
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