Tag Archive for: mbs

Trump Pushes Mortgage Rates Way Down (QE, Here We Come!); Why I Hate It!

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10 Year Treasury yields are about the same today as yesterday, but mortgage rates plummeted. The reason? Mr. Trump announced $200 billion of “quantitative easing” yesterday, focused only on the buying of Mortgage-Backed Securities (MBS).Read More

Treasury Yields Down; Mortgage Rates Up; Why?

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“Interest rates” went down again today, but “mortgage rates” went up. I have blogged about this before but am hitting it again because it is so interesting and because it […]Read More

Fed Promises 3 Rate Cuts This Year – But WHY? (Very Confusing Message)

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The Fed held the Fed Funds Rate steady this month – which was no surprise. The big surprise was that it announced that we’d see 3 rate cuts this year […]Read More

Portfolio Loans – What Exactly Are They?

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After the 2008 mortgage meltdown, a large number of Asian buyers very wisely swooped in to buy CA residential real estate on the cheap. Many came to us for financing […]Read More