//
you're reading...
mortgage news

Rate Update

Phil Jawny Mortgage Banker

Yesterday, Janet Yellen testified and took questions before the Senate.  She appeared quite confident and in control.  As you know, we felt that the fed would remain steadfast in staying the course on tapering, unless economic conditions changed dramatically.  Janet Yellen made that impression crystal clear.  The Fed will continue to taper, unless there is a dramatic change in the economy.   Rates over 6-12mos period will start to rise as the fed continues to taper.

Advertisements

About PhilJawny

Award winning mortgage banker with over 14 years of experience.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Enter your email address to follow this blog and receive notifications of new posts by email.

Follow me on Twitter

%d bloggers like this: