business

How you could benefit from Trump’s plan for buying mortgage bonds - MarketWatch

Borrowers with 6% and 7% mortgage rates might see a refinancing opportunity if things work out as Trump foresees

By:Joy Wiltermuth
Source:MarketWatch
Published:
How you could benefit from Trump’s plan for buying mortgage bonds - MarketWatch
When homeowners take out a new mortgage or refinance an old one, theres a good chance it ends up packaged up with other loans and sold to investors as bonds with U.S. government guarantees. Thats th… [+242 chars]

Related News