- September 2018
- August 2018
- July 2018
- June 2018
- April 2018
- April 2014
- March 2014
- September 2013
- August 2013
- December 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
MORTGAGE RATES IN THE FUTURE
The Fed has been buying $85 billion of Bonds a month to help stimulate the economy and housing market. As you may know, home loan rates are tied to the Mortgage Bonds which are a part of this monthly sale. Because of this, the home loan rates have stayed relatively low.
Just how long the Fed will keep buying these bonds is up for discussion and key to this decision will be the economic data in the coming weeks. It is possible that this stimulus could taper off as early as mid-September causing the mortgage rates to increase.
Laura Calabrese Editor and Realtor
Laura Calabrese local Realtor with Coldwell Banker Residential Brokerage in Greenwich Ct. laura.calabrese@cbmoves.com
Susan Calabrese Local Realtor
Susan Calabrese local Realtor with Coldwell Banker Residential Brokerage in Greenwich Ct. susan.calabrese@cbmoves.com
