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Market Commentary | June 14, 2013

By
Mortgage and Lending with Caliber Home Loans, Inc NMLS# 246871

by Caliber Funding or special contributors on 06/14/13

Weekly Update | June 14, 2013

Heavy volatility continued this week. While mortgage rates improved, market focus remained on the anticipated outcome of next week's Federal Open Market Committee (FOMC) meeting. The FOMC will meet on Tuesday and Wednesday of next week, regarding the continuation of the Fed's current economic policy, including its $85 billion per month bond-buying program.

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Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

I agree it is definitely a volatile market.  I wish you well and thank you for these reports.

Jun 14, 2013 04:37 AM