Mortgage Rate Update – Week of June 29, 2009
Posted on June 30th, 2009 by Quick Refinance Quotes News
The Week in Review: The US Treasury sold a record amount of government debt last week to support stimulus plans. With such a large amount of debt being issued, last week could have been a tough one for the bond market and home loan rates. As it turns out, the demand for the debt issuance was high and as a result the bond market ended the week on a positive note and home loan rate decreased by approximately .25%. What to Expect: Volatility can often occur in a holiday-shortened week, p
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