WE thought people only listen when E.F. Hutton speaks. Not true! Looks like Janet Yellen, the new Fed Chair can move markets too. According to the Washington Post yesterday, her optimistic assessment of the nation’s economic prospects, despite recent poor job growth, rallied the stock market. And thus, pulled money from treasuries and mortgage backed securities (MBS) causing rates to go up a bit. We will stay tuned!
CLICK ON GRAPH BELOW for a BETTER LOOK
For More information please contact Dan Tharp @ 916-257-1470 or email Dan at dtharp@Guildmortgage.net
The information contained in this training has been prepared and distributed for educational purposes only. This training information shall not be construed as a guarantee of loan approval; All loans are subject to underwriter approval.