Mar 29, 2020
9:39:46pm
9:39:46pm
They are going down and that's the problem for some lenders. Some are getting crushed on their hedges. But with rates
back down near all time lows... and the Fed being a huge buyer of paper... it seems that last week's move lower in mortgage rates will continue (but perhaps at a slower pace than before because the Fed will be buying less paper).
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- HarlemCoug
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- Sep 8, 2014
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- Apr 28, 2024
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10 year treasury back down - right now it's at .66% Plus, the Fed bought $183B of mortgages last week and is still
3/29/20 9:35pm
They are going down and that's the problem for some lenders. Some are getting crushed on their hedges. But with rates
3/29/20 9:39pm
It won’t happen. Investors and lenders will go broke and destroy the liquidity of the housing industry.
3/29/20 9:41pm
plenty of lenders are fine.. and their spreads are wide right now and the Fed is buying everything up... the healthy
3/29/20 9:43pm
They are not fine. If they think they are fine they are ignoring the industry wide issue. All lenders are at risk.
3/29/20 9:48pm
3/29/20 9:54pm
3/29/20 9:47pm
3/29/20 10:05pm
3/30/20 12:55am