Safe Harbor Scramble Drops Rates Mortgage lenders are anticipating as much as a full point increase in interest rates over the next month. What’s less clear: whether the transition will be smooth (weekly, incremental bumps of say, .25%) or a more abrupt re-pricing. I’ve certainly heard this from lenders before ” like, quarterly for the...Read More
Truer Words Were Never Spoken Written “Poor policy and incompetent leaders are creating massive systemic risks, and modern markets can concentrate and change their focus instantly ” for all the right reasons, for no apparent reason, or for some combination of the two.” (my emphasis) –Paul Singer, founder of the $17 billion hedge fund Elliott...Read More
