From Germanic source it’s an Old High German bank or bench, moneylender’s exchange table.
Back to business: Bond Market is rebounding this morning after a tough couple of days. The unemployment rate is now at a 50-year low. The Fed may need to hike another 3 times.
Mortgage applications are down mainly because the interest rates ticked up the last week.
There is less competition for an already tight housing inventory which is good for buyers.
We are half way through the week, we can do this….