Real estate blog entries tagged with mortgage rate trends by Illinois Financial Advisor Greg Zaccagni (Farmers Insurance)

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Home : Blogs : Illinois Financial Advisor Greg Zaccagni : Greg 's Blog : Tag "mortgage rate trends"

mortgage rate trends: What's likely to happen to mortgage rates with the passing of EESA/HR1424? - 10/05/08 02:45 PM

Quite the opposite of what many consumer might think there is a good likelihood that the passing of this law "designed to help consumers stay in their homes" could infact cause mortgage interest rates to rise!
When the stock market drops investors seek the lower yielding but greater security of the bond market. Most mortgage debt is sold as mortgage backed securities/bonds. As the stock market rebounds the bond market will have to offer investors higher yields to attract investor dollars which may cause mortgage rates to rise.
I have been counseling my clients to refinace or buy when things are … (0 comments)

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Illinois Financial Advisor Greg Zaccagni

Wheaton, IL

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Farmers Insurance

Address: Dupage, Kane, Cook County etc.., Wheaton, IL, 60189

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