Investment

U.S. Mortgage Rates Hit Another Record Low With 30-Year at 2.65% (Crazy Money Printing By Fed) – Investment Watch

by confoundedinterest17

(Bloomberg) – Prashant Gopal – Mortgage charges within the U.S. began 2021 by setting one other document low.



The typical for a 30-year, fastened mortgage fell to 2.65%, down from 2.67% final week and the bottom in knowledge going again 50 years, Freddie Mac mentioned in a assertion Thursday. It was the seventeenth document low for the reason that coronavirus began roiling monetary markets final March.

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After all, The Federal Reserve printing gobs of M2 cash helps.

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Within the phrases of the immortal Ron Swanson, “I would like this evening to get k-razy. Get me a shot of snake juice. I hear it has a dope aftertaste.”

The mortgage market after a shot of snake juice. And its dope aftertaste.

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Then again, Bankrate noticed a slight up-tick within the 30Y mortgage price.



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