Thursday, September 13, 2012

QE3 ... little bit of a comeback ...

Qe3-3

Well the market is trying to stage a little bit of a comeback.

If you haven't been watching lately then you didn't know that rates
have been moving up and if pretty steady pace. Well that's all about
to turn around and change with the announcement that the Q3 is going
to go through.

That's right quantitative easing! Well most of us don't really have a
clue what that means other than that the Fed is going to buy back a
bunch more bonds than they had originally signed up to buy.

With that being said rates are going to come back, are they going to
come back to record lows? Who knows.

A lot will depend on what happens in the overseas markets. But I will
be keeping an eye on it just to see what happens and I'll let you know
in the future.

Have a Blessed Day!

Jim Barber

Loan Officer - NMLS  ID 146285
First Liberty Financial Mortgage
http://www.JimTheMortgageMan.Com
Direct 502-354-8699
Schedule a meeting: Meeting.JimBarber.info

My Life Verse:
"Work hard and cheerfully at whatever you do, as though you were
working for the Lord rather than for people."
Colossians 3:23

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