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Loan Modification

: Mortgage Lender Implode-o-Meter

Mortgage Rates to Average 6% by End of 2010: PMI Group

By Implode-Explode Heavy Industries

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"However, PMI adds this projection is subject to the uncertainties surrounding the end of the Federal Reserve?s mortgage-backed securities (MBS) purchase program. Even after the program ends, it is possible the Fed could re-enter the market if mortgage rates spike or the housing market stumbles, the report said."

Full post as published by Mortgage Lender Implode-o-Meter on January 18, 2010 (boomark / email).

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