02-03-2025 Will Rates Just “Ramble On”?
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Ramble On, Golden time. The time for Gold. To sink the Bond.
It’s time for rambling new news. Does tariff news beat Bonds or do bonds beat news? Gold returns to its 2024 highs while March Crude Oil remains bearishly positioned, floating below $75.
Meanwhile, the 10-year yield slouches towards 4.44. High home prices and mortgage rates above 7% continue to constrain mortgage production. A new trend to lower rates is on the horizon.
Bonds ain’t telling no lie.
These views are mine. Find out if Gold or Bonds lie at TMSpotlight.com.
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Song: Ramble On (1969) Led Zeppelin
Les Parker is the Managing Director at Transformational Mortgage Solutions Advisory Board Member for Ainsworth Advisors; and has served as the Senior Vice President of Industry Relations and Consulting at LoanLogics, a technology and services provider focused on improving mortgage loan quality, performance, and reliability throughout the loan life-cycle. His responsibilities included managing the company’s life of loan analytics and monitoring capabilities, overseeing consulting services, contributing to the strategic planning team, and communicating with industry leaders to develop and maintain positive relationships. He focused on identifying threats and strategic opportunities. Parker has executive mortgage banking experience in capital markets, servicing, operations, production, and financial management. Parker has served as director of the largest private issuer of CMOS. His educational background covers music, religious studies, mortgage banking, mathematics, and business administration. Parker holds a BBA in Finance, and other degrees, and has held numerous securities licenses. Parker is a Master Certified Mortgage Banker, a designation conferred by the Mortgage Bankers Association. Parker writes, speaks, and provides audio content, Since the late 1980s, he publishes a daily newsletter connecting global macroeconomics to the US interest rate movement.