Quicken Loans Housing and Mortgage Market Update for May 5th, 2009

Quicken Loans Housing and Mortgage Market Update. Treasury prices are little changed this morning as the 10 year yield continues to hover around a 5 month high, ahead Treasury's quarterly refunding operation. Today, the Treasury will sell $35 billion in 3 year notes to kick off this quarter's refunding operation. The market will keep a close eye on Fed Chairman Ben Bernanke's speech before the Joint Economic Committee today, looking for any hints on whether the Fed might boost the size of its Treasury and mortgage security purchase programs.

Read More

Did Quicken Loans Housing and Mortgage Market Update for May 5th, 2009 Deliver on the Promise?
(Rate!)