Garages often require more TLC than the rest of our homes. They're a dumping ground for failed projects, items you can't seem to part with, tools, gadgets, cars, and more—and keeping the mess in check can feel impossible. If you're ready to set aside a weekend to transform your garage space but don't know where READ MORE...
This easy makeover proves you don't have to sweat to create an inspired space. READ MORE...Posted To: MBS Commentary
With each passing day this week, we're reminded that the most important events are yet to come. In fact, we may well be looking at only one significant event in the form of Friday's Q1 GDP reading. There are a few other contenders before that but none with nearly as much street cred as the 1st GDP report for the quarter. Incidentally, next week's events make Friday's GDP look like child's play, so we can't even be sure those GDP is the right event to look forward to! In the meantime, it's been a tedious and boring sideways grind to start the week. Yesterday was the "moderately bad" version of tedious while today was its foil. The net effect is trading levels that are still slightly weaker than last week's closing levels, but well off the weakest levels...(read more)
Posted To: MBS Commentary
With each passing day this week, we're reminded that the most important events are yet to come. In fact, we may well be looking at only one significant event in the form of Friday's Q1 GDP reading. There are a few other contenders before that but none with nearly as much street cred as the 1st GDP report for the quarter. Incidentally, next week's events make Friday's GDP look like child's play, so we can't even be sure those GDP is the right event to look forward to! In the meantime, it's been a tedious and boring sideways grind to start the week. Yesterday was the "moderately bad" version of tedious while today was its foil. The net effect is trading levels that are still slightly weaker than last week's closing levels, but well off the weakest levels...(read more)
These bath runners will give an upgrade to your everyday, run-of-the-mill bath mats. READ MORE...
Just when you thought you had the latest and greatest model of TV, a new design concept arrives on the tech scene. READ MORE...Posted To: Mortgage Rate Watch
When bonds make "gains," it means that bond prices are moving up. The price of a bond is like the amount that a lender is willing to pay for the right to collect a certain amount of interest. The more the lender is willing to pay, the lower that lender's "yield" will be. Looked at another way, the lower your interest rate would be in the case of a lender making you a mortgage loan. For that reason, we expect to see mortgage rates fall when bonds are making gains (mortgages are based primarily on bond prices/yields). But in today's case, rates went a bit higher even though bonds improved. As is often the case, the discrepancy results from the timing of bond market movement over the past few days. Bonds weakened yesterday and rates logically moved higher. The catch is that bonds continued to...(read more)
