Q&A: Fed buying 10-year treasuries and more mortgage-securities; how low will rates go?

Posted on Nov 20, 2023 in FHA Information

Weekly Economic and Financial Committee Comment
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low mortgage rates
by eyewashdesign: A. Golden

Question by lguz: Fed buying 10-year treasuries and more mortgage-securities; how low will rates go?
Anyone want to guess how low mortgage rates will go? The Fed just announced plans to buy $ 300 bln worth of treasury bonds, shop and $ 750 bln of mortgage backed securities. Both moves will affect rates.

Estimates?

Best answer:

Answer by golferwhoworks
they have reposted .375% better already. No we have no idea as to how low the rates will drop but at least another 1/2 I would think by the a.m.

What do you think? Answer below!