More Reasons To Believe That Mortgage Rates Are Not Being Impacted By Terror Threats

Two weeks ago, we discussed how markets may be pricing terror threats into bond markets, or ignoring them altogether. This was noted after a thwarted terrorist operation in London caused relatively no change in mortgage rates. Here's some more fodder for the Terrorism Decoupling From Mortgage Bonds hypothesis. Monday, headlines read that North Korea was shutting down its nuclear reactors and Bloomberg confirms that today. North Korea is considered a geopolitical threat and its nuclear weapons are rumored to have...

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[Source: The Mortgage Reports Blog]