Relevant:
- Current Mortgage Rates Spiking, Panic Sets in, 30-yr fixed FHA Rates Rise too
- Mortgage Rates 11-18-10: 30 Year Fixed Interest Rates to 4.5%?
- Today’s Mortgage Rates 5-14-10: WOW, 30-Year Fixed to 4.625, FHA to 4.5
- Mortgage Rates 11-17-10: Mortgage Rates Stabilizing at Higher Levels, Jumbo Loan Rates Unchanged
- Fed Who? 30-yr Fixed Rates Dip as MBS Prices Rise
2010-02-25 — ml-implode.com
``In a doomsday scenario, and it is possible, demand for MBS will be so low and prices will plummet so far, 30 year fixed mortgage rates will be driven up into the mid 6’s in a matter of days. If that happens, the Fed will likely begin buying mortgage-backed securities again and over a period of time drive rates back down.''
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