RealEstateVoices is a real estate social news site designed to help you discover the most interesting articles of the day, as voted and suggested by your fellow users.

St. Louis Real Estate - Mortgage News - Rate Cut

http://www.stlouisrealestatevoice.com Posted by doug63026 386 days ago

So why are interest rates rising? If you have paid any attention to my previous writings you will understand that the Bond Traders make moves prior to a Fed announcement to position to profit from any move the Fed might make. In this case, they took their positions last week starting on Wednesday when the consensus was a .25% rate drop. Today and for the next few days they will be trading and taking their profits off the table. While doing this the demand for the bonds will drop off and the yield or interest rate will rise.

Comment  ::  Bookmark to

 

Comments


Log in to comment or register here.

Stats

Stories:

18851 Total :: 396 New this week

Votes:

23072 Total :: 507 New this week

Users:

5252 Total