Taper

Mortgage Rates Near Long-Term Despite Taper Talk

“Taper talk” refers to comments, speeches, or official policy communications from the Federal Reserve (aka “the Fed”) that speak to the timing and nature of a reduction in the Fed’s bond buying activities. Wow! What a boring and potentially confusing sentence! Let’s try again… The Fed buys bonds –US Treasuries and mortgage backed bonds (which, […]

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