09/03/2026
Fed-funds futures fell 13 basis points over the last three sessions, but are now 3 basis points higher. War-driven inflation and interest-rate concerns are pressuring expectations for monetary policy. Mortgage bonds rose 0.25%, which is supportive for borrowing costs. Could this help borrowers traditional banks turn away?
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Mbanc | Mortgage Bank of California Inc. | NMLS #38232 | Equal Housing Lender