Wolf Richter: That was fast! 30-year fixed mortgage rate spikes to 6.18%!
Aside from the sheer magnitude of the spike, this was also the highest mortgage rate since collection of the daily data began in April 2009.
Aside from the sheer magnitude of the spike, this was also the highest mortgage rate since collection of the daily data began in April 2009.
When GDP on Thursday morning revealed we are, in fact, crashing into recession, and the market flew like a released bird into the heavens, I
2019 is looking like one of those either/or years, where growing financial instability leads to either a 2008-style financial crash or another round of asset
The yield curve is one of those indicators that most people have heard of but few can explain. In part this is because it’s usually
One of the oddest things in this increasingly odd world is the spread of negative interest rates everywhere but here. Why, when the dollar is
A few years ago the trust department of a major bank decided that it would be good to know where its profits were coming from.
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