Today's Mortgage Rate Update:

Ron Cahalan - MLO and R/E Rehab and Construction - I PAY CASH Ron Cahalan - MLO and R/E Rehab and Construction - I PAY CASH

Ron Cahalan - MLO and R/E Rehab and Construction - I PAY CASH

(480)-204-1812 - Certified Mortgage Advisor and Fix and Flip Re-Construction Investments. WILL ALSO PAY CASH FOR PROPERTIES WHEN YOU NEED TO SELL FAST! LET'S CHAT!

发布日期: 2018年6月12日
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Tuesday, June 12, 2018

What's going on and why does it matter?

Mortgage bonds opened lower this morning, and they are continuing to trade in negative territory below their 30-day moving average. The market's focus this week is on three high-profile monetary policy meetings that kick off tomorrow with the Federal Reserve interest rate decision. The Fed is widely expected to increase short-term interest rates, but financial markets will be closely watching the Fed's statement and Fed Chair Powell's press conference immediately following the meeting tomorrow. The Fed is scheduled to purchase up to $815 million of 30-year conventional mortgage bonds today, but they won't be buying any bonds tomorrow due to their meeting.

What should you do about it?

?Lock your rate to be safe.

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