Mortgage Blog

The rate trends
July 12th, 2010 7:41 AM

It's still a trader's market.There are lots of interests in MBS, thus pushing the interest rates lower.

Though the EURO situation improved a little bit, the traders still have no direction so far. That means the rate will stay at this level for sometime.

The earnings season is here. We may see some fluctuation on the rates based on how good/bad earnings of the reports.

Posted in:General
Posted by Eric Fang on July 12th, 2010 7:41 AMPost a Comment

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