Browsing Tag:leaves

epic-fed-needle-threading-leaves-charges-comparatively-unchanged
Mortgage rates were surprisingly stable today as the bond market responded to a new monetary policy announcement from the Fed. Perhaps "reacting" is the wrong word given the market reaction. In particular, the bond market (which dictated interest rates on mortgages and beyond) was indistinguishable from most of the other random trading days. That's just impressive...
Continue reading
0 Comments
Share
rba-leaves-money-fee-at-document-low-will-defend-bond-rate-of-interest-targets
The reserve bank left interest rates unchanged at a record low of 0.1 percent and maintained its commitment to supporting the economy through unprecedented incentives.Important points:The RBA reiterates its belief that official interest rates will not rise for at least three yearsAnalysts warn that market rates appear to have risen consistently from their lows and that mortgage rates are...
Continue reading
0 Comments
Share