Feds Cut Rate 2%
The Feds cut the Federal Funds Rate by .25%. They will be monitoring inflation. Mortgage Bonds were initially down -25bp on the news. Now Mortgage Backed Securities are up +16bp, hopefully better rates will be ahead.
The Feds cut the Federal Funds Rate by .25%. They will be monitoring inflation. Mortgage Bonds were initially down -25bp on the news. Now Mortgage Backed Securities are up +16bp, hopefully better rates will be ahead.