Don’t make too many vacation plans for the end of October through the end of the year.


Howard BlumOwner at Pro Mobile Notary

For those of you unaware of my background, I am an economist that has been following the Federal Reserve since my days on Wall Street in the last 1960s. For the past 25 years I have been closely following interest rate trends and I publish a daily newsletter for the loan origination and fixed-income investment communities.

As our national economy has shown that the expansion of our economy has slowed and the higher interest rates have made the home sales continuum buckle the Fed backed away from their idea of tapering their purchases of the stuff that moves home loan rates, the credit markets have responded appropriately.

I am forecasting a resurgence of refinance signings for the last two months of 2013.

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