Mortgate Rates falling?

[equalizer]

Fed action may not directly affect 10 year bond, but $800B action decreased spread between 10 year note and mortgage rates.

From WSJ:
“Last week, debt issued by Fannie Mae was yielding around 1.8 percentage points more than Treasury bonds of the same maturity. That compared to a 0.7 percentage point “spread” over Treasury bonds in September.”

The spread was cut, thus lower mortgage rates.

[Coronita]

Anyone think well see 4.25% 30 years?

Side note…Doesn’t one’s able to get a loan assumes one fundamental thing….You and/or your family have employment…. I don’t hope for high unemployment or the likes. But it seems like employment (which wasn’t perceived to be an issue earlier) IS becoming an issue. And last time I checked bailouts and new mortgages doesn’t address the unemployment issues.

Thoughts?

[Coronita]

Anyone think well see 4.25% 30 years?

Side note…Doesn’t one’s able to get a loan assumes one fundamental thing….You and/or your family have employment…. I don’t hope for high unemployment or the likes. But it seems like employment (which wasn’t perceived to be an issue earlier) IS becoming an issue. And last time I checked bailouts and new mortgages doesn’t address the unemployment issues.

Thoughts?

[Coronita]

Anyone think well see 4.25% 30 years?

Side note…Doesn’t one’s able to get a loan assumes one fundamental thing….You and/or your family have employment…. I don’t hope for high unemployment or the likes. But it seems like employment (which wasn’t perceived to be an issue earlier) IS becoming an issue. And last time I checked bailouts and new mortgages doesn’t address the unemployment issues.

Thoughts?

[Coronita]

Anyone think well see 4.25% 30 years?

Side note…Doesn’t one’s able to get a loan assumes one fundamental thing….You and/or your family have employment…. I don’t hope for high unemployment or the likes. But it seems like employment (which wasn’t perceived to be an issue earlier) IS becoming an issue. And last time I checked bailouts and new mortgages doesn’t address the unemployment issues.

Thoughts?

[Coronita]

Anyone think well see 4.25% 30 years?

Side note…Doesn’t one’s able to get a loan assumes one fundamental thing….You and/or your family have employment…. I don’t hope for high unemployment or the likes. But it seems like employment (which wasn’t perceived to be an issue earlier) IS becoming an issue. And last time I checked bailouts and new mortgages doesn’t address the unemployment issues.

Thoughts?

[SD Realtor]

pameliza –

Effectively I think there is that case but it is indirect. Again, I am VERY novice in this area but the primary dealers are the ones who buy treasuries right? Now where do the primary dealers get the money to buy the treasuries… heheheheh… I think we all know the answer to that question. However as much as there has been a reduction in foreign entities purchasing them, the spigot is far from shut off.

Anyways so… yes effectively the FED is buying the treasuries in an indirect manner. Again though I am so far removed from having an understanding of this stuff that my posts are barely qualified as valid speculation and I am thankfully corrected by those who have more knowledge so I can learn more about this stuff.

As you implied… hey 700B… 2T… numbers don’t seem to matter anymore…

[SD Realtor]

pameliza –

Effectively I think there is that case but it is indirect. Again, I am VERY novice in this area but the primary dealers are the ones who buy treasuries right? Now where do the primary dealers get the money to buy the treasuries… heheheheh… I think we all know the answer to that question. However as much as there has been a reduction in foreign entities purchasing them, the spigot is far from shut off.

Anyways so… yes effectively the FED is buying the treasuries in an indirect manner. Again though I am so far removed from having an understanding of this stuff that my posts are barely qualified as valid speculation and I am thankfully corrected by those who have more knowledge so I can learn more about this stuff.

As you implied… hey 700B… 2T… numbers don’t seem to matter anymore…

[SD Realtor]

pameliza –

Effectively I think there is that case but it is indirect. Again, I am VERY novice in this area but the primary dealers are the ones who buy treasuries right? Now where do the primary dealers get the money to buy the treasuries… heheheheh… I think we all know the answer to that question. However as much as there has been a reduction in foreign entities purchasing them, the spigot is far from shut off.

Anyways so… yes effectively the FED is buying the treasuries in an indirect manner. Again though I am so far removed from having an understanding of this stuff that my posts are barely qualified as valid speculation and I am thankfully corrected by those who have more knowledge so I can learn more about this stuff.

As you implied… hey 700B… 2T… numbers don’t seem to matter anymore…

[SD Realtor]

pameliza –

Effectively I think there is that case but it is indirect. Again, I am VERY novice in this area but the primary dealers are the ones who buy treasuries right? Now where do the primary dealers get the money to buy the treasuries… heheheheh… I think we all know the answer to that question. However as much as there has been a reduction in foreign entities purchasing them, the spigot is far from shut off.

Anyways so… yes effectively the FED is buying the treasuries in an indirect manner. Again though I am so far removed from having an understanding of this stuff that my posts are barely qualified as valid speculation and I am thankfully corrected by those who have more knowledge so I can learn more about this stuff.

As you implied… hey 700B… 2T… numbers don’t seem to matter anymore…

[SD Realtor]

pameliza –

Effectively I think there is that case but it is indirect. Again, I am VERY novice in this area but the primary dealers are the ones who buy treasuries right? Now where do the primary dealers get the money to buy the treasuries… heheheheh… I think we all know the answer to that question. However as much as there has been a reduction in foreign entities purchasing them, the spigot is far from shut off.

Anyways so… yes effectively the FED is buying the treasuries in an indirect manner. Again though I am so far removed from having an understanding of this stuff that my posts are barely qualified as valid speculation and I am thankfully corrected by those who have more knowledge so I can learn more about this stuff.

As you implied… hey 700B… 2T… numbers don’t seem to matter anymore…

[SD Realtor]

I don’t see it happening FLU but damn I wish it would… The risk premium on the secondary market is still keeping the mortgage rates up there.

[SD Realtor]

I don’t see it happening FLU but damn I wish it would… The risk premium on the secondary market is still keeping the mortgage rates up there.

[SD Realtor]

I don’t see it happening FLU but damn I wish it would… The risk premium on the secondary market is still keeping the mortgage rates up there.

[SD Realtor]

I don’t see it happening FLU but damn I wish it would… The risk premium on the secondary market is still keeping the mortgage rates up there.

[Author]

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