• West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800

Fed Statement a Trick or Treat – home loan rates

  In This Issue Last Week in Review: The Fed met. Find out how home loan rates responded. Forecast for the Week: A busy week is ahead, with news on inflation, manufacturing, the labor market, and more. View: The U.S. Postal Service announced some changes coming in 2013. Plan ahead with the details below. Last Week in Review “I’m still standing – yeah, yeah, yeah.” Elton John. And after last week’s Fed meeting, Bonds

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The Fed announcement

The Fed announcement came and went, but by the time the dust settled our 10-yr T-note’s yield really hadn’t changed that much and it closed at 1.64%. The Fed said that there will be no additional MBS purchases but “Operation Twist” is extended in Treasuries. So it will continue to reinvest principal payments from its holdings of agency debt and agency mortgage-backed securities, buying $267 billion more in longer-dated securities

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Christian Penner , - - - - - North Palm Beach , FL 33408 United States
Phone: (561) 316-6800 Email: TheMortgageTeam@ChristianPenner.com
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