Michael Becker

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Last quote by Michael Becker

It's hard to imagine that economic data could have a larger impact on mortgage rates than what the Federal Reserve says and does, but that's exactly what happened. The economic data that came out continued the trend of coming out softer than expected. … This, on top of a weak jobs report for May, has markets doubting the Fed will hike another time this year and start to unwind their balance sheet this year as well.feedback
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Jun 15 2017 Federal Reserve
We found 3 articles in which Michael Becker said something. The most recent Michael Becker’s quote is: “Mortgage rates are near their lows for 2017. This despite the fact that the Federal Reserve continues to talk about rate hikes. I believe this is because markets are starting to discount the ability of the Trump administration to pass its pro-growth agenda, and the fact that economic data is coming in softer than expected. … I expect rates to stay low longer than most expect. But given that they are near the lows of the year I don't see them dropping further.”. In addition, all sources we refer have quoted Michael Becker 3 times. On this page, you will find all of Michael Becker’s quotes organized by date and topic.
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