Fannie Mae 102-4 January 19, 2011
Fannie Mae 102-4

102-4 represents where the Fannie Mae mortgage bond closed yesterday.  While the vast majority of the general public (including me, until I really began studying the interest rate markets) has absolutely no idea the significance of this number, it represents a very…

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Looking Forward in 2011 January 2, 2011
Looking Forward in 2011

A new year is upon us, the start of the second decade of the “new” millennium.  That’s hard to believe. 2011 starts with many questions that will only be answered as the days pass.  Questions such as:  Is the economy getting back…

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