Tuesday, November 24, 2009

RateWatch

The price of the Fannie Mae 4.5 coupon continues to rise which means the rate continues to fall. As you can see, it is trading way above the moving averages. There should be a correction some time soon. I would take the money and run!

No comments:

Post a Comment

About Me

My photo
Beaverton, OR, United States
David is a loan officer for American Pacific Mortgage. He has worked in the lending industry since 2000. Prior to that he invested 19 years in the insurance industry. He enjoys helping people finance the purchase of their dream home.

Followers