Archive for the ‘Government Stimulus’ Category:

Mortgage Rates: Good News, Bad News

{ Posted on Nov 10 2010 by Adam Quinones }
Let's play good news, bad news. Bad news first! THE BAD NEWS : Rate watchers were sweating bullets up until about 2pm today because benchmark Treasury prices hadn't hit a ceiling and MBS prices hadn't found a floor. The entire ...Read More »

QEII MORTGAGE RATE ALERT: Nobody Panic

{ Posted on Nov 03 2010 by Adam Quinones }
So much happened today and it caused so much commotion. I'm not even sure where to begin. Actually yes I am.... The FOMC announced a $600 billion asset purchase program ! Yay. Woohoo!! This is the message shared by the ...Read More »