Fed buying 10-year treasuries and more mortgage-securities; how low will rates turn?
Anyone want to guess how low mortgage rates will go? The Fed just announced plans to buy $300 bln worth of treasury bonds, and $750 bln of mortgage back securities. Both moves will affect rates.
Estimates?
"> they have reposted .375% better already. No we have no view as to how low the rates will drop but at least another 1/2 I would think by the a.m.
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Estimates?
"> they have reposted .375% better already. No we have no view as to how low the rates will drop but at least another 1/2 I would think by the a.m.
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