It’s a Battle Between Stocks and Bonds! Who Will prevail? In these final weeks of Spring, I’d like to say congratulations to all the young graduates. Graduation is a time we all remember, and I must say that it was great to see some resemblance of normalcy this year. I also wanted to make one special shout out to Aiden Rodriguez, son of VP of Operations, William Rodriguez. He is the first of the Smart Money kids to graduate from high school and we are all very proud of the fine young man he has become. Continue to do great things, Aiden. The aunties and uncles at Smart Money are cheering you on! Now on to mortgage news. In our last newsletter, we spoke about the relationship between the Fed Funds rate and mortgage rates. I hope you all got something valuable out of that article. Today, I’d like to discuss the relationship between stocks and bonds. Specifically, how stocks affect mortgage rates. Imagine two buckets. One bucket represents the Stock market a