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Mortgage Market Update -
Posted 01-28-2009 at 12:01 PM by dlenski
Fed day two
1/28/09 The Fed will announce the results of their two day meeting today at 1:15 cst. We have wrote for a couple of days that we expect the Fed to talk about Mortgage Backed Securities. We have had a small rally in MBS the last 24 hours. We expect that to continue until the end of the week. This may not be a long lived rally. Remember lenders are at or close to capacity. This should be the dip we talked about.
Home Mortgage Loans and Refinance in Milwaukee and across Wisconsin - Wholesale Mortgage Services of WI
1/28/09 The Fed will announce the results of their two day meeting today at 1:15 cst. We have wrote for a couple of days that we expect the Fed to talk about Mortgage Backed Securities. We have had a small rally in MBS the last 24 hours. We expect that to continue until the end of the week. This may not be a long lived rally. Remember lenders are at or close to capacity. This should be the dip we talked about.
Home Mortgage Loans and Refinance in Milwaukee and across Wisconsin - Wholesale Mortgage Services of WI
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