Posted on Friday, 6th February 2009 by chrisjones
Here’s the thing. Markets have displayed a huge amount of volatility over the past several months. Where once mortgage-backed securities (those things that actually control mortgage rates) would trade in a 35bp range on an average day in 2006, today we have 100 bp days all the time, and it’s not all that unusual. At [...]
Tags: Fed, mortgage rates, stimulus
Posted in Rate Watch | Comments (0)
