From HW Magazine
Midterms and mortgage rates
How the upcoming midterm elections may mean low mortgage rates now, and even lower rates in the future
The clarion call for most mortgage market pundits was pretty unanimous as we headed into 2014: mortgage rates just had to rise. They had to. The Federal Reserve was tapering off its historic support for U.S. mortgage markets, and as the Fed tapered MBS billions of dollars’ worth of supply back onto the (otherwise) free market, prices were bound to fall — leading yields to rise, meaning higher mortgage rates for everyone.