Tag: august 6 direction of mortgage rates
Rate Update August 6, 2009
Mortgage rates are higher again this morning. The US Treasury announced that they will offer more inflated-protected bonds in response to greater demand from buyers; especially China. This is a sign that the market is concerned about future inflation which does not bode well for mortgage rates in the long-term. I plan to blog about [...]
Posted: August 6th, 2009 under Rate Update.
Tags: august 6 direction of mortgage rates, august 6 mortgage rate outlook, august 6 mortgage rates, august 6 should I lock my rate?, lock or float my rate?
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