Take Pie When Pie is Passed
Here is a link to a timely article from CNBC
and a chart of the US 10 Year Treasury Yield
(lower since the announcement!).
One interesting factors affecting mortgage rates
that doesn’t get much attention is the fact that the
Fed is continuing to use profits and proceeds
from payoffs of its mortgage portfolio to buy
new mortgage backed securities (MBS).
With Billions of Fed reinvestments of these
proceeds going back into MBS markets
every month, this unusual source of demand for
MBS from the Fed purchases continues
to help support lower mortgage rates.
I am saying lock on Monday
Vegan Pie by my daughter below, mine above
Prepare dough day before, barely knead and refrigerate tightly wrapped
The less you handle dough the flakier it is