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FED releases meeting minutes and there is an absolute bomb-shell in there
Well, we've known for some time the FED would stop buying mortgage bonds, but we didn't know how anxious they were to sell the ones they already own. This is potentially a big problem I'm trying to work out in my head as to how it plays out. We've seen one other bond market induced collapse in 2008, but it was totally different circumstances. Lets take a look at how things are now and try to plan for all scenarios looking forward... Links below!
If you’re looking to BUY a home, Refinance a home OR need help finding a good Realtor, email/call/text me that’s what I’m here for! I am available and want to be helpful :)
Derrick Evens, Home Loan Specialist, NMLS 155010
[email protected]
619.952.2046
Links:
https://www.cnbc.com/2022/02/16/federal-reserve-releases-minutes-from-its-january-meeting.html
https://www.cnbc.com/2022/02/15/some-lawmakers-and-their-families-are-betting-thousands-on-crypto.html
https://www.cnbc.com/video/2022/02/15/colorado-gov-jared-polis-wants-to-make-the-state-a-leader-in-crypto-acceptance.html
https://www.cnbc.com/2022/02/16/the-average-size-of-a-new-mortgage-just-set-a-record.html
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