Thursday January 4, 2012. MORE ON BONDS. Mortgage rates to stay low for most of 2012.
Why rates will stay low this year, and why it won’t matter for some. By Amy Hoak, MarketWatch, Jan. 5,
2012, 11:42 a.m. EST
“In general, the financial troubles in Europe, combined with the Federal
Reserve’s pledge to keep short-term rates on hold at least through 2013, will
keep mortgage rates from rising significantly, McBride (senior financial
analyst for Bankrate.com) said. Europe’s woes have caused a “flight to quality”
among investors, sending their money in the direction of U.S. bonds.”
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