Mortgage Blog

Fed extends operation twist rates low through end of 2014

June 20th, 2012 12:40 PM by Michael and Jill Kohler

Fed says Operation Twist will continue and rates to stay low.  Good for mortgage rates. Now if we'd loosen up the purse strings and make programs avaialble that the average person could qualify for, we might begin to see some economic recovery.  House purchases would pick up, banks could get rid of excess inventory, more mortgages could be modified. etc.  It's a borrowing economy in the U.S today.

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Posted in:General and tagged: Pa Mortgage rates
Posted by Michael and Jill Kohler on June 20th, 2012 12:40 PM


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