It seems that market particapants have fallen back in love with fixed income. Mortgage backed securities and treasuries each posted a healthy rally yesterday. MBS improved by another 50 basis points which allowed all lenders to reissue new rate sheets after the gains held through close. Helping to promote...
The headline reads "Growth Continues," but probably the big news coming out of Freddie Mac's November 2005 Economic Outlook was that, for the first time since August, that headline wasn't about yet another hurricane. Still the lingering impacts of Katrina, Rita, and Wilma were prominently featured in...
Posted to
MND NewsWire
by
Glenn Setzer
on
Fri, Nov 11 2005
Filed under:
Filed under: mortgage rates, housing bubble, real estate bubble, Freddie Mac, 30 year fixed mortgage, consumer price index, 5/1 ARM, fuel prices, cashout refinance, equity refinancing