More Mortgage Rate Predictions

As a follow up to my earlier post on the direction of mortgage rates I thought I would share the gist of a post from the Calculated Risk blog that appeared earlier today on the very same subject – Expected Mortgage Rates. In this post, Bill McBride concludes that when the Fed stops buying mortgage backed securities it will probably only have a 30 – 50 basis point impact. That’s not too bad actually.

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