Tuesday, June 23, 2009

Why Mortgage Rates May Plunge One Last Time Before Low Rates Are Gone For Good

The Federal Reserve's Agency MBS Program introduces massive amounts of demand for mortgage-backed bonds over a short period of time, creating a buy-side imbalance that leads bond prices higher and bond yields lower. It's possible the Fed could expand the program, bringing mortgage rates down to the...



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[Source: The Mortgage Reports]

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