Mortgage Blog

The recent move (or planning move) of the Fed is to devalue the
us dollar, pump the stock market(The stocks will go higher) and
try to influence the investors to be away from the risky bond
market, move the money to the stock money, so the corporation
will have more money, the investors feel like to have more money.
And hopefully that the companies will create some more jobs,
the unemployment rate will be a little bit lower, and they would
like to see a little bit inflation.

So based on the assumption,the interest rate rate will not go much
lower from the current level. The rates we saw a few days ago may
be the short term bottom.