Purchase | Refi     512-710-1400

GET STARTED

APPLY NOW (CLICK HERE)

PREQUAL LETTER

LETTER REQUESTS (CLICK HERE)

don’t fight the fed

Home > Posts > Tag: don't fight the fed

Call it neutral/bearish and not a market to throw caution to the wind

Next week will be the true test, one that we would expect will see the market trade sideways to a little better (slightly improving mortgage pricing). Overall, we think this is the low probability trade as QE2, even though it is fully priced in, is a force to be reckoned with. When the Government is the buyer of choice, most follow the ant age, “Don’t fight the Fed.”

2010-10-15T16:22:10-05:00October 15, 2010|Austin Mortgage Market|