Tag: what happened in the interest rate markets march 24 2010?
Rate Update March 25, 2010
Mortgage rates are worse this morning. Only one word can describe yesterday’s bond market U-G-L-Y. Mortgage-backed bonds (MBS’s) finished the day down 90 basis points which is the worst one day loss since June 1, 2009. What is spooking investors? Traders are finally pricing in the huge supply of government debt which is coming down [...]
Posted: March 25th, 2010 under Rate Update.
Tags: march 25 2010 lock or float, march 25 2010 mortgage rate advice, March 25 2010 mortgage rates, march 25 2010 outlook for rates, what happened in the interest rate markets march 24 2010?
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