mortgage bond

Mortgage Rates Plummet on New Round of Mortgage Bond Purchases from Fed

March 18, 2009

The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged today, within the target range of 0.000-0.250 percent. This doesn’t mean the Fed stood pat, however.

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Signs of rebirth in the Economy not Translating to Mortgage Rates

February 9, 2009

Despite a weakening employment outlook for Americans, the economy flashed signs of a rebirth last week. It wasn’t enough to reverse the recent mortgage rate trend, however

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