whats happening with mortgage interest rates: What’s happening with Mortgage Interest Rates?
- 07/19/13 01:09 AM
What’s happening with Mortgage Interest Rates?
It looks as Uncle Ben foresees future policy changes in three stages. Stage one is ending asset purchases, which depend when there’s a substantial improvement in the labor market. Stage two will be when unemployment reaches 6.5 percent and inflation under 2.5 percent. Stage three will be control of policy rates.
Uncle Ben anticipates many months of accommodation after asset purchases end and he does see them implementing a staunch policy any time soon. Uncle Ben also points out that they need to keep a watchful eye on mortgage rates … (0 comments)
|
|
|
|
;)
;)
;)
