The US Senate confirmed Janet Yellen yesterday as the first woman Chair of the Federal Reserve. Like her predecessor, Ms. Yellen has committed to keep interest rates low for as…
jeremyJanuary 7, 2014
Multi Family Properties with Zero Down
I do a LOT of Utah Housing loans, so i was pretty excited to see the announcement this morning that…
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With another short work week and quiet economic reporting, we turn to the prognosticators for a brief outlook of the year ahead. One of my favorites is Standard & Poors. …
jeremyJanuary 3, 2014
Initial Jobless Claims reported at 339K, and the Service Managers Index reported at 57.0. Both of these were more or less in line with expectations and not much different from…
jeremyJanuary 2, 2014
Last day of the year! Make sure that you pay your state taxes and tie up any loose ends to avoid trouble on Thursday. Interest rates are holding their own…
jeremyDecember 31, 2013
The last few days of the year are upon us. Wall Street is all but vacant again this week, unlike my house which is full of over-sugared children already claiming…
jeremyDecember 30, 2013
There is continued upward pressure on interest rates as we wind up 2013. Rates have been at 50 year lows for the last 18 months, helping Stocks to have one…
jeremyDecember 27, 2013
I am just here long enough to wrap up a couple of things before Christmas. I would also like to pay homage to the 100th anniversary of the Federal Reserve…
jeremyDecember 23, 2013
First of all, I wish you a very merry Christmas! I hope that you are able so spend lots of time with your families over the next few weeks, that…
jeremyDecember 20, 2013
After six months of deliberating, the Federal Reserve yesterday announced a plan to start tapering their purchases of mortgage backed securities and 10 year treasury bonds by $10,000,000,000 per month. …
jeremyDecember 19, 2013
The Bond Market is a little skittish this morning ahead of the Fed’s last meeting of the year. At Ben Bernanke’s last meeting as Chair of the Federal Reserve, the…
jeremyDecember 18, 2013
The Consumer Price Index, a measure of the cost of living across the country, was released this morning. The report shows that prices of the stuff we buy are up…
jeremyDecember 17, 2013
This month’s Federal Open Market Committee meeting begins tomorrow and culminates on Wednesday at noon our time with the reading of the monetary policy statement. Some speculate that the Fed…
jeremyDecember 16, 2013
I think that this week’s weather is exactly what Paul Simon (or The Bangles if you are younger) envisioned by “the sky is a hazy shade of winter”—except that there…
jeremyDecember 13, 2013
Good News across the board this morning: Initial Jobless Claims are up 68,000 this week; Retail Sales are up 0.7%; Export Prices are up 0.1% and Import Prices are down…
jeremyDecember 12, 2013