Tag: FED announcement and mortgage rates
Good & Bad news for mortgage rates in Fed’s announcement
The Fed announced today that they would keep open market operations in the mortgage-backed bond (MBS) market active into early 2010. This is great news for mortgage rates. There had been growing speculation that the Fed would discontinue the TALF program which has been credited with keeping mortgage rates near historic lows as the eocnomy [...]
Posted: September 23rd, 2009 under Economics & Interest Rates.
Tags: FED announcement and mortgage rates, mortgage rate outlook, TALF
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