Mortgage Blog

Another example of selling on news

November 3rd, 2010 1:01 PM by Eric Fang

The market expected 500B of QEII. And it was more than expcted. But the mortgage rate still goes higher.

Don't panic. Let's wait Friday's employment report. The rate should be better for the lacklaster report. Otherwise it will take longer time to get better rates

Posted in:General
Posted by Eric Fang on November 3rd, 2010 1:01 PM



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