nikitas kouimanis the mortgage expert: Market Update - Monday, June 13, 2016
- 06/13/16 03:27 PM
What's going on and why does it matter? This is likely to be a big week for the markets as the Fed is scheduled to meet and issue their monetary policy statement on Wednesday. While the market is not expecting the Fed to increase short-term rates, all eyes will be on the Fed's monetary policy statement for clues as to their future plans... especially with regard to their mortgage bond buying program. The Fed has been the biggest buyer of mortgage bonds in the market, and they are scheduled to purchase up to $2.475 billion in 30-yr conventional mortgage bonds today. … (2 comments)
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What's going on and why does it matter?
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