Cherry Creek Mortgage
Commentary 13 October 2017

MORTGAGE CREDIT NEWS BY LOUIS S. BARNES

The Fed has begun to reverse its quantitative easing, letting MBS bleed out of its portfolio. Thus far, no effect on mortgages. We can tell because the spread between mortgage rates and the 10-year T-note…

Commentary 06 October 2017

MORTGAGE CREDIT NEWS BY LOUIS S. BARNES

As anticipated, the hurricanes have turned the usual flow of economic data into a game of Pick-Up-Sticks, a meaningless tangle. The market reaction has been to ignore the new data, assume the economy is on-trend,…

Commentary 29 September 2017

MORTGAGE CREDIT NEWS BY LOUIS S. BARNES

The biggest news this week is what did not happen. The administration rolled out its tax plan, and markets ignored it.  The plan has expanded from one page last spring to nine pages but is…

Commentary 22 September 2017

MORTGAGE CREDIT NEWS BY LOUIS S. BARNES  

Markets are reasonably stable at this week’s end. Pushing up on rates has been the hard bottom set two weeks ago after two months of decline, and this week’s hawkish Fed-meeting results.   Pushing down:…

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