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Home : Blogs : a a : Ethan's Blog : Tag "loans"

loans: Rates are expected to worsen - 06/04/07 11:32 AM

This is some finance market info, i thought everyone should know. So you can be an expert to your clients. The FNMA 30yr bond drives mortgage prices, it is the primary cost associated with standard bank mortgages.
We have an excellent finance group that tracks the bond market for us.
So far rates have worsened 6 of the 7 days. Although everyone got good news from the fed, that their rates were holding at 5.25%, the notes from the fed meeting showed a strong concern for inflation and little concern over the health of the economy.
The economic date released since … (2 comments)

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