- by New Deal democrat
My “Weekly Indicators” post is up at Seeking Alpha.
With the bond market anticipating Fed rate cuts ahead, it has already lowered mortgage rates somewhat on its own. That has led to a jump in new applications, and to an even bigger spike in refinancing.
As usual, clicking over and reading will bring you up to the virtual moment as to the economic data, and reward me a little bit for my efforts in organizing it for you.
