Please wait as we prepare your PDF file ....

Mission Chronicle Blog

Search Blog

our goal is to help you stay informed by providing timely and interesting articles.

Expect another Fed rate hike in December

10/12/2017

Download PDF

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, and focus on other stuff that may be trend-changers. That other stuff would be the Fed, foreign policy, trade policy, and asset markets. The Fed is in play in two parts: what it will do and who will do it. The US 10-year T-note is technically edgy. Take out 2.40% going up, and we’ll try the post-election tops. The consensus now: in December the Fed will lift the overnight cost of money from 1.25 percent to 1.50 percent, and that move is largely built into mortgage and other market rates. However, we are nearing the end of the period in which the Fed could hike and long-term rates could stay put. The 10-year Treasury (T) note has been hanging on to a key level all week — 2.35 percent — which is too low relative to the Fed funds rate to survive another hike. Mor…

Source: click here

Read More

INSPIRED, INTELLIGENT, INSIGHTFULL

STAY INFORMED WITH TIMELY AND INTERESTING ARTICLES FROM OUR BLOG, MISSION CHRONICLE. OUR ASPIRATION IS TO PROVIDE REALTORS AND OTHER REAL ESTATE INDUSTRY PROFESSIONALS WITH EXCEPTIONAL RESOURCES AND SHARE OUR KNOWLEDGE TO PROPEL YOU TO YOUR GOALS.

  • Pitching your real estate tech to Inman? Avoid these 6 blunders

    If you’re a technology company stakeholder trying to catch the eyes of Inman’s tech-forw...

  • Real estate photographer sues Zillow for copyright infringement

    A California photographer of high-end properties says his contract with agents is ‘not transfe...

  • Howard Hanna acquires Allen Tate Companies to form mid-Atlantic real estate giant

    Howard Hanna Real Estate Services is acquiring Allen Tate Companies to create a powerhouse real esta...

  • Existing home sales remain steady, ending 4-month slump

    Sales of existing homes remained steady from July to August, ending four months of decline, accordi...

  • Zillow to feature listings from Canada’s largest indie brokerage

    As part of its efforts to come to Canada, Zillow will soon feature listings from the country’s...

  • The secret to growing your business 10x in one year

    To have a successful real estate business, you must establish yourself as a niche real estate servic...

  • 3 ways agents can become the ‘digital mayor’ for their neighborhood

    Meet three agents who are killin’ it in everything from local content marketing to social medi...

  • Compass launches Telluride office, snags two top Sotheby’s agents

    Compass is expanding into the Rocky Mountain ski-town of Telluride, Colorado, with an award-winning ...

  • DocuSign passes Zillow’s market cap, and NAR is reaping the rewards

    DocuSign, the cloud-based electronic signature platform, is skyrocketing in value and even overtook ...

  • The ‘Compass Effect’ is creating chaotic Gulf War-like battlefield

    Suddenly, like the Persian Gulf, real estate has become antagonistic and fiercely competitive, with ...

September 2018
Mon Tue Wed Thu Fri Sat Sun
« Aug    
 12
3456789
10111213141516
17181920212223
24252627282930

  • Polls

    What information you are looking for?

    View Results

    Loading ... Loading ...
  • Last month Results

    How Is My Site?

    • Good (100%, 3 Votes)
    • Excellent (0%, 0 Votes)
    • Bad (0%, 0 Votes)
    • Can Be Improved (0%, 0 Votes)
    • No Comments (0%, 0 Votes)

    Total Voters: 3

    Vote

    Loading ... Loading ...