Impossibly low mortgage rates could go even lower if the Fed targets MBS paying 2.5% - paper...

|By:, SA News Editor

Impossibly low mortgage rates could go even lower if the Fed targets MBS paying 2.5% - paper that previously attracted little to no interest from real-money investors. Should a liquid market form for these bonds, it wouldn't be impossible to envision a 2-handle on the 30-year mortgage.