Real estate blog entries tagged with the fomc policy statement was about the same as the march 18th meeting the fly for treasuries and to a lesser extent mortgages by John F Tuggle, Certified VA Expert Renovation Program Specialist (John Tuggle, Senior Mortgage Loan Originator, Envoy Mortgage, Ltd. )

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the fomc policy statement was about the same as the march 18th meeting the fly for treasuries and to a lesser extent mortgages: Mortgage markets continue to perform better than treasuries; the spread between the 10 yr note and mortgages had widened to about 270 basis points earlier this year and now at 165 basis points; the spread that has been typical over the years. - 04/29/09 11:20 AM

The FOMC policy statement was about the same as the March 18th meeting; the fly for treasuries and to a lesser extent mortgages, was that the Fed did not increase the purchases of treasuries or mortgages from what it announced at the March meeting ($750B of MBSs and $300B of treasuries). And the statement did indicate that economic activity had shown some improvement since the March meeting. That has been reflected in some of the recent economic data that has hit since the March meeting, particularly increases in consumer sentiment and confidence. click to read the entire statement http://www.federalreserve.gov/newsevents/press/monetary/20090429a.htmThat the Fed … (0 comments)

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John F Tuggle

Certified VA Expert Renovation Program Specialist

Columbus, GA

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John Tuggle, Senior Mortgage Loan Originator, Envoy Mortgage, Ltd.

Address: 5820 Veterans Parkway , Suite 309, Columbus, GA, 31904

Office: (706) 315-2365

Mobile: (706) 315-2365

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