Tag: sept. 22 mortgage rate outlook
Rate Update September 22, 2009
Mortgage rates are mostly unchanged from yesterday despite a sell-off in mortgage-backed bonds in the afternoon. The major story today is the Fed’s record auction of 2-year notes. The Fed will sell $43 billion of them later this morning. The additional supply of fixed income securities will compete with mortgage-backed bonds for investment dollars. Should [...]
Posted: September 22nd, 2009 under Rate Update.
Tags: direction of mortgage rates sept. 22, mortgage rates sept. 22, sept. 22 mortgage rate outlook, sept. 22 outlook for mortgage rates, should I lock or float?, which way will rates go today setp.22
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