Surprise taper Wednesday could jolt mortgage rates

By Inman News Feed
Add Comment Add Comment | Comments: 0 | Posted Dec. 17, 2013

Share this Story:

If the Federal Reserve announces tomorrow that it will begin tapering its $85-billion-a-month purchases of Treasurys and mortgage-backed securities, the news could add to the momentum behind rising mortgage rates. Bond prices and yields move in opposite directions and as ...

Add to favoritesAdd to Favorites PrintPrint Send to friendSend to Friend

COMMENTS

ADD COMMENT

Rate:
(HTML and URLs prohibited)