Mortgage Market Guide's recap of what happened this week and why.
Interest rates stabilized a bit this week. However, the Fed has lost the long-end of the bond market - meaning rates are ticking higher despite the bond buying.
What other tools does the Fed have that could be used to pin down long-term rates? It looks like Operation Twist 3.0 could be invoked by the Fed. What does it mean for you, your clients and rates - watch the video below to learn more.