Its all about expectations. Last week was one of the most volatile weeks in the MBS (Mortgage Backed Securities) market, as traders whipsawed back and forth trying to divine the future of the economy. Mortgage rates spiked sharply higher on Tuesday after the meetings from the last Fed meeting were released. The minutes confirmed what [...]
Source: http://www.ptmortgage.com/blog/2012/04/09/chicago-illinois-mortgage-rates-week-in-review-for-the-week-ending-04062012/
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