Mortgage rates likely to fall again after the Fed’s latest dramatic response to coronavirus

[tacobell fan]

• Mortgage rates are primed to fall again after the Federal Reserve’s latest dramatic policy moves to combat the economic impact from the deadly coronavirus pandemic.
• The Fed on Sunday said it will begin buying $200 billion of mortgage-backed bonds, a move that will stabilize and likely lower mortgage rates, which moved sharply higher last week.
• Mortgage rates had fallen to a record low two weeks ago, but a flood of refinance applications overwhelmed lenders and caused investors in mortgage-backed bonds to back off.

[Dixitulu]

How much can we get a 30 year fixed for ..?

[HugoStrange]

8 minutes ago, Dixitulu said:

How much can we get a 30 year fixed for ..?

an expectation is 3%,, may even go as low as 2.75

[2020]

1 minute ago, HugoStrange said:

an expectation is 3%,, may even go as low as 2.75

Immediately they will go down or roughly how many months it will take?

[HugoStrange]

4 minutes ago, 2020 said:

Immediately they will go down or roughly how many months it will take?

2 weeks to two months bro, no one can predict exactly

[andrafun]

https://www.cnbc.com/2020/03/15/federal-reserve-cuts-rates-to-zero-and-launches-massive-700-billion-quantitative-easing-program.html
 

what is this mean ?

[MegaPowerRockstar]

Naadhe October lo closing undue... waiting for best time to grab the rate...

[karna11]

4 minutes ago, MegaPowerRockstar said:

Naadhe October lo closing undue... waiting for best time to grab the rate...

Closing  date confirm ithe rate lock karo , 

[Hyper]

7 minutes ago, MegaPowerRockstar said:

Naadhe October lo closing undue... waiting for best time to grab the rate...

60 days mundhu varauku lock cheyalemu naku telsi..u can decide on lender but lock can only be done after Aug 1st week

[Hyper]

3 minutes ago, karna11 said:

Closing  date confirm ithe rate lock karo , 

Avunu ipudu chepindu kada..entha Dhaka padtahdi mortgage rates

[quickgun_murugun]

2 hours ago, tacobell fan said:

• Mortgage rates are primed to fall again after the Federal Reserve’s latest dramatic policy moves to combat the economic impact from the deadly coronavirus pandemic.
• The Fed on Sunday said it will begin buying $200 billion of mortgage-backed bonds, a move that will stabilize and likely lower mortgage rates, which moved sharply higher last week.
• Mortgage rates had fallen to a record low two weeks ago, but a flood of refinance applications overwhelmed lenders and caused investors in mortgage-backed bonds to back off.

Mortgage rates won’t fall atleast for the next 4-5 weeks 

[JambaKrantu]

By mid April or early may 30 year rate will be 2.75 to 3

[Bestguy]

• You can't get a lower rate right now just because of the Fed's emergency announcement
• You might not have even realized how high rates had skyrocketed by Friday afternoon
• You CAN, however, probably get a lower rate at some point in the coming weeks.
• Again, it's not available right now, so just make sure your originator has what they need from you in order to lock it when it actually does become available

Copied from some blog..

[k2s]

4 minutes ago, Bestguy said:

• You can't get a lower rate right now just because of the Fed's emergency announcement
• You might not have even realized how high rates had skyrocketed by Friday afternoon
• You CAN, however, probably get a lower rate at some point in the coming weeks.
• Again, it's not available right now, so just make sure your originator has what they need from you in order to lock it when it actually does become available

Copied from some blog..

Nice and agreed

[kittaya]

vuu