Mortgages are up significantly this morning following Fed Bank President Bullard’s comments yesterday and this morning’s GDP release. Yesterday, Bullard expressed concern on a weak economy and suggested that the central bank should resume purchases of Treasury securities of prices fall (deflation). The GDP report showed that economic growth slowed last quarter which further added to signs that our recovery is slowing.
Subscribe to Zing! blog
Want to impress your friends and family with the knowledge we'll drop on ya?
If so, subscribe now for tips on home, money, and life delivered straight to your inbox.
If so, subscribe now for tips on home, money, and life delivered straight to your inbox.
