Mortgage Rates Push Well Into New 2014 Lows

Mortgage Rates Push Well Into New 2014 Lows

Mortgage Rates continued a strong move lower today, benefiting from a global sell-off in risk-related assets.  What's a risk-related asset?  In this case, it's a catch-all term for investments that carry greater risk and greater reward, such as stocks and emerging market currencies.  When risk-assets get trounced, bond markets are often one of the safe-haven beneficiaries, and stronger bond markets mean lower mortgage rates.

Read More http://www.mortgagenewsdaily.com/consumer_rates/341437.aspx

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