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U.S. Fed buys $3.4 billion of mortgage bonds, sells none
Reuters ^ | November 30, 2017 | by Staff

Posted on 11/30/2017 11:28:33 AM PST by Oldeconomybuyer

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To: moovova
Our first mortgage was 8.5 %.

We survived.

Nicer to have rates in the 3.5% range though, isn't it?

21 posted on 11/30/2017 1:03:52 PM PST by DoodleDawg
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To: 2harddrive

“My first house mortgage rate was 14%.”

But, the money I had in a Scudder Funds money market was paying WELL! Almost like having a part time job without going to work.


22 posted on 11/30/2017 1:04:12 PM PST by moovova
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To: DoodleDawg

“Nicer to have rates in the 3.5% range though, isn’t it?”

Oh, yes sir, absolutely. We’re at 3.75% on a 15 year fixed. We could pay it off, but making more in investments right now.


23 posted on 11/30/2017 1:08:14 PM PST by moovova
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To: Oldeconomybuyer
No buyers. Except our grandchildren.

At gunpoint.

24 posted on 11/30/2017 1:09:23 PM PST by ex91B10
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To: DoodleDawg

Make that 3.375%


25 posted on 11/30/2017 1:10:16 PM PST by moovova
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To: Oldeconomybuyer

They have been doing this for several years.


26 posted on 11/30/2017 1:12:25 PM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: Georgia Girl 2

Looks like they’re still trying to invert the yield curve and usher in a recession. Watch the 10 yr to 1 yr CMT spread!


27 posted on 11/30/2017 1:23:08 PM PST by mywholebodyisaweapon (Thank God for President Trump.)
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To: DoodleDawg

Yet another small advantage of being a veteran; the VA loan.


28 posted on 11/30/2017 7:04:16 PM PST by MSF BU (Support the troops: Join Them.)
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To: Slyfox

Yes, it WAS during the Reich of Kaiser Carter, the Imperial Peanut Emperor!


29 posted on 12/03/2017 2:59:56 PM PST by 2harddrive
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