Would Mortgage Rates At 3.625% Stimulate Home Purchases?
The Limitation of Low Rates
The Fed has done everything under its power to bring down mortgage rates and the best customer today can get a 30 year fixed rate mortgage at around 4.75%. Despite the all time [...]
30 Year Fixed Rate Of 3.5% Likely As Mortgage Rates Plunge
Fed Goes All In
The Federal Reserve announced that it intends to purchase massive amounts of mortgaged backed securities and long term treasury debt. Yields on the 10 year treasury, from which mortgage rates are based, saw [...]
