Market Commentary | June 28, 2013

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

Weekly Update | June 28, 2013

by Caliber Funding or special contributors on 06/28/13

While mortgage rates worsened early in the week, continuing from last week's post-Federal Open Market Committee (FOMC) meeting, fears of early-Fed tapering rates began to steeply improve mid-week, as several Fed releases leaned towards a more gradual policy-tapering outlook. Rates then opened worse once again Friday morning, as extreme market volatility continues.

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