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.

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *