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Interest Rates Increasingly Focused on Stimulus

Naturally, the pandemic’s economic impact will take years to be fully understood.  On that front, there will be no single event that decides the fate of the market and interest rates.  
The election, on the other hand, has a definitive result and deadline attached to it, but it’s still a month away.
In the meantime, fiscal stimulus is an important consideration for the economy, the election, and especially for interest rates.  A decision could come at any time.  It could be delayed until after the election.  It could be bigger or smaller than expected. But odds are something will happen before the election and despite all the political posturing, that it will fall somewhere between the two ideological boundaries guarded by either side of the aisle.  …(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it.
Source: mortgagenewsdaily.comNew feed

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