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Sequester Won't Spur US AAA Rating Downgrade, Fitch Says
Posted to: Around The Web
Wednesday, February 27, 2013 5:02 AM

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Sequester Won't Spur US AAA Rating Downgrade, Fitch Says Bloomberg While triggering the U.S. spending cuts known as the sequester and a government shutdown won't prompt a ratings downgrade, those outcomes "erode confidence" of achieving deficit reduction needed to sustain the nation's top credit grade, according to ...

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Mortgage Rates:
  • 30 Yr FRM 3.68%
  • |
  • 15 Yr FRM 2.84%
  • |
  • Jumbo 30 Year Fixed 3.77%
MBS Prices:
  • 30YR FNMA 4.5 107-03 (-0-06)
  • |
  • 30YR FNMA 5.0 107-29 (-0-04)
  • |
  • 30YR FNMA 5.5 108-15 (-0-03)
Recent Housing Data:
  • NAHB Builder Confidence 4.76%
  • |
  • Mortgage Apps 1.81%
  • |
  • Refinance Index 2.80%
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