Daily Archive: Wednesday, January 28, 2009

Fed balance sheet

[Skip to the end] With the Fed balance sheet at just over $2 trillion and an average coupon of maybe 3% that means they are removing about $60 billion a year of interest income from the non government sectors. So while I do think lower long term rates serves public purpose, I ...Read More

2009-01-28 USER

[Skip to the end] MBA Mortgage Applications (Released 7:00 EST) MBA Purchasing Applications (Released 7:00 EST) MBA Refinancing Applications (Released 7:00 EST) MBA Mortgage Applications (Jan 23) Survey n/a Actual -38.8% Prior -9.8% Revised n/a [top][end] MBA Purchasing Applications (Jan 23) Survey n/a Actual 294.30 Prior 303.10 Revised n/a [top][end] MBA Refinancing ...Read More