Mortgage Report: Week of March 27th - 31st

Posted on March 28, 2006 at 9.28 AM

The Fed chairmans opening day is Tuesday. It's likely that he's feeling the need to flex some muscle, show he's tough on inflation, and hike the Fed funds rate another .25%. The ironic factor is that usually when the Fed hikes the rate, bond prices and home loan rates traditionally stay stable and may even improve slightly. Stay tuned for an interesting week of interpretations.

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