Show notes:
TMSpotlight:
11-11-2024 For Rates "A Change Would Do You Good"
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With the Republican mandate, expect rates to favor their fiscal agenda. Neo-Keynesian analysts modeled higher deficits. So, rates increased as Trump’s election odds increased.
Yet, the models have always been wrong about deficits because they miss growth and are baffled by cutting bureaucracy.
Last week, the 10-year yield tested 4.50. The next test is 4.18. The Bulls can reign again, fueled by lower Oil prices.
Oil thinks a change. (A Change Would Do You Good)
The Dollars rise. (A Change Would Do You Good)
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Song: A Change Would Do You Good (1996)
https://www.youtube.com/watch?v=Ikjmz_SlGhg
The Lykken on Lending program will feature our Weekly Mortgage Updates with Adam DeSanctis and his MBA Mortgage Minute, and then Les Parker’s TMSpotlight, a macroeconomic perspective on the economy with a music parody. That leads to Matt Graham of MBS Live providing you a rate & market update, followed by David Kittle, Chief Executive Officer @ Cypress Mortgage Capital, to discuss mortgage originations. Then we have Alice Alvey of Union Home providing a regulatory & legislative update, then Allen Pollack giving us a Tech Report on the latest technology impacting our industry. Finally, we wrap up the first half of the program with Marc Helm, Senior Executive Partner @ Transformational Mortgage Solutions, talking about Loan Servicing and the “Agencies”.