“Given the differentials in funding costs via NHA MBS or unsecured long-term funding, I could see [an additional] 20 to 65 basis points in the cost of funding mortgages for the larger banks,” he said. “All else equal, we could see mortgage rates start to move up in unison.”
而这回光反照般的 成交量上升现象,在9月会随着锁定利率的过期 而急转直下
- We can expect to see continued demand that's "pulled forward" due to people with mortgage pre-approvals hurry into purchasing properties before the rate-holds expire. We have already witnessed some of this effect in July, I expect sales to continue to be relatively strong until September, while taking a turn for the worse in the last quarter of 2013.