Page 1
Page 1
Started By
Message
locked post

Fed Policy & Mortgage Rates

Posted on 12/7/10 at 8:57 am
Posted by Dusty Bottoms
Guadalajara
Member since Nov 2006
931 posts
Posted on 12/7/10 at 8:57 am
I know that the Fed is attempting to keep borrowing rates low through its QE2 policy, which I believe is supposed to last through at least early Spring. However, it seems their strategy is facing increasing headwind the past few weeks, with rates rising pretty markedly.

For those more schooled in bonds and Fed policy than I, why are rates rising despite the Fed's efforts, and what are your thoughts on where mortgage rates are headed over the next 3-6 months?
Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
78343 posts
Posted on 12/7/10 at 12:32 pm to
Yeah, I'm curious about this too.
Posted by hawkeye007
Member since Feb 2010
5844 posts
Posted on 12/9/10 at 12:59 pm to
they are headed up. Rates have moved a solid point in the last month. par rate is 4.75-4.875% this morning. Rates might come back down to the 4.375% range late Jan early Feb. but i wouldnt count on it. The big boys are driving up the bond rate that way when the govt dumps all this money in the market they can make a much larger profit.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram