Straight Stats Mortgage interest rates were generally flat on the week despite high intraweek volatility on continued uncertainty surrounding European sovereign debt issues. At this point, it appears that Greece will receive aid to avoid default on its sovereign debt on October 13. Globally, More...
Weekly Mortgage Market Update – 9.26.11
Posted On September 26th, 2011 by Gale | Comments ClosedStraight Stats Mortgage interest rates improved on the week on the Fed’s FOMC announcement of Operation Twist. With Operation Twist, the Fed will purchase $400 billion of Treasuries with remaining maturities of 6 years to 30 years and sell Treasuries with remaining securities of 3 years or More...
Weekly Mortgage Market Update – 9.19.11
Posted On September 19th, 2011 by Gale | Comments ClosedStraight Stats Mortgage interest rates increased on the week as the European Central Bank, in coordination with the Federal Reserve, the Bank of England, the Bank of Japan and the Swiss National Bank, announced that it will provide liquidity in the form of dollar loans to European banks to help More...
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