- Housing News, Videos
- March 12, 2020
Unprecedented
In recent days, we've seen volatility in both the stock and bond markets. Treasury and mortgage rates saw all-time lows and stock price volatility hit all-time highs. What does this all mean?
Jason has 23 years of executive experience and expertise in the mortgage industry, developing and managing Capital Markets for financial institutions. He's held positions as Chief Investment Officer, EVP Capital Markets, EVP Financial Strategies and other similar roles for Kinecta Federal Credit Union, Countrywide/Bank of America and New American Funding.
Currently, he is responsible for managing pricing, trading, hedging, investor relationships, warehouse financing, MSR management, liquidity, etc. Jason also authors the Housing Market Update, a regular feature on the New American Funding blog which gives depth and perspective to today's economic news. Jason attended the University of California where he received a BA in Economics and is a member of several prominent mortgage industry trade organizations.
In recent days, we've seen volatility in both the stock and bond markets. Treasury and mortgage rates saw all-time lows and stock price volatility hit all-time highs. What does this all mean?
Due to the coronavirus and its impact on the economy, the mortgage industry is experiencing historically low interest rates.
2020 is off to a fast start with interest rates dropping the entire month of January. The 10-year Treasury dropped from 1.88% at year-end to 1.50% by the end of last month. Currently, we are hovering right around 1.65% as the market adjusts to a new range.
Where are interest rates headed in 2020? Take a look at our recent Market Update blog by Jason Obradovich and find out based on his expert analysis!
The year went from one of expectations of potentially higher rates to one with near record-low interest rates.
With the Fed lowering interest rates again, there’s plenty to be excited about and to watch for.
Globally there is pressure on rates to move lower in a strong economy. Watch and learn more.
With the 10-year Treasury expected in the 1.55 to 1.85% range, watch and learn what might follow.
With the possibility of negative rates subsiding, the question remains: what’s in store for rates?
With interest rates continuing to drop, should the Federal Reserve lower rates? Find out now!
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