Last week the Federal Reserve stepped in with more buying of Mortgage Backed Securities (MBS), helping Bond prices recover from news of a weak Treasury Auction. Overall, home loan rates bounced around last week and ended the week very slightly improved.
The Fed's purchase of MBS will end in March 2010.
- Richard Schafer - Home Team Mortgage
- Carrollton, Texas, United States
- Contact me today for excellent service and GREAT rates!
Thursday, November 19, 2009
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment