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Mortgage News Daily Headlines – Heading into (and out of) the 3pm close for Treasury pit trading, 10yr yields broke through the day’s previous lows and have seen follow-through buying since then (now down to 2.419).
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Today’s Mortgage Rates Who determines interest rates? interest rates are typically determined by a central bank in most countries. In the United States, a forum is held once per month for eight months out of the year to determine interest rates.
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Rapid Growth in Junk Bonds and Loans Poses Risks, Dallas Fed Chief Says – Robert Kaplan, president of the central bank’s Dallas branch, said in prepared remarks for a speech. is starting to resemble the frenzy in subprime mortgages in the years before the 2008 financial.
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