Good time to take advantage of better mortgage pricing
Good time to take advantage of better mortgage pricing. Our next hurdle will be the removal of MBS purchases by the Fed and the elimination of the 8K tax credit. Time will tell.
What will the effect on mortgage rates be? Worsening pricing but not substantially so.
What will the effect on mortgage rates be? Given that the market has build in a positive jobs bias, anything that is 0 to 50K in jobs growth will not create a strong selloff. The bias will be for worsening pricing but not substantially so. This is because the market has already sold off in anticipation.