Treasuries and mortgage bonds are flat to yesterday’s close after a report showed that U.S. housing starts increased in March less than predicted.
From mortgage banking to PR and more, Victoria’s 9+ years at Quicken Loans come in handy when writing cool stories. Before QL, she worked with and for notable national and state politicians. With degrees from MSU and U of M, her allegiance to the Mitten State is indisputable. She loves decorating, photography, the Red Wings, cruising in her G6 (the car), and most importantly, hanging out with family and friends.
The International Monetary Fund showed support in downsizing the ongoing European Debt Crisis by boosting its aid efforts. While the organization’s relief front was focused on Grecian financial woes, Wall Street eventually caught wind of the impact abroad. As a result, mortgage backed securities are down and the demand for bonds has been eased in today’s early hours.