Rates Head Higher – Fixed Income Update
Interest rates continued on a gradual climb in January, with rates on key consumer loans such as mortgages, auto loans, and lines of credit all...
Category: Debt/Mortgage/Liabilities
Record Mortgage Issuance Expected To Continue…For Now
A robust housing market led to a record number of mortgages issued in 2020, with over $4 trillion in mortgage loans issued as reported by...
Short Term Rates On The Rise
Rates continued on a gradual assent in October, with the 10-year Treasury bond yield ending the month at 1.55%, up from 0.88% this same time...
Median Household Income Drops October 2021
The median household income fell in 2020 for the first time since 2014, according to the most recent Census Bureau data released in September. Widespread...
Rates Head Higher – Fixed Income Overview
Rates moved slightly higher in September as markets look to the Fed for indications of a taper. Yields on government, corporate and municipal bonds rose,...
How The Debt Ceiling Came About
Formally known as the statutory debt limit, the United States debt ceiling or debt limit is a legislative restriction on the amount of national debt...
Fixed Income Update July 2021
Treasury bond yields stabilized in the 2nd quarter after rising earlier in the year. Short-term rates rose slightly resulting in a flattening yield curve, an...
National Debt As Percentage of GDP – Fiscal Policy
The three rounds of stimulus spending to combat the coronavirus and its economic affects have contributed to a nearly $4.5 trillion increase in federal debt...
Home Equity Surpasses $21 Trillion
With home prices rising roughly 12% from February 2020 to February 2021, equity levels have risen producing heightened wealth among millions of homeowners. Elevated equity...
Loans May Be Easier To Qualify For As Mortgage Rates Rise
Rising mortgage rates since the beginning of the year have slowed mortgage applications down. Should employment conditions improve allowing more to qualify for loans, then...