economic news: Mortgage Market Recap for the Week of October 20th 2008 - 10/28/08 04:01 PM
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Mortgage Rate and Market Recap for the Week of October 20th - 27th, 2008
Big News for Bonds As we’ve talked about in the past, mortgage rates are based directly off of mortgage backed securities.  These are much like stocks, being traded throughout the day.  This is also why mortgage rates change throughout the day.  If you’re curious what mortgage rates are going to do, it helps to be tuned into what mortgage backed securities are doing.
Last week PIMCO (the worlds largest bond fund) announced that they were raising their stake in mortgage … (0 comments)


Tyler Osby

Urbandale, IA

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The Tyler Osby Team at Fairway Independent Mortgage

Address: 8515 Douglas Ave, Suite 22, Urbandale, IA, 50322

Office: (515) 257-6729

Mobile: (515) 991-7102

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A blog updated daily educating you on how to do more with your money. Topics range from basic tips and tricks with personal finance to mortgage terms and market news.



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