Sean Becketti - Freddie Mac

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Last quote by Sean Becketti

Weak economic data and growing international tensions are driving investors out of riskier sectors and into Treasury securities. This shift in investment sentiment has propelled rates lower.feedback
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Apr 20 2017
Sean Becketti has been quoted 14 times. The one recent article where Sean Becketti has been quoted is Mortgage rates tumble but may be headed back up. Most recently, Sean Becketti was quoted as having said, “After three straight weeks of declines, the 30-year mortgage rate is now barely above the 2017 low. Next week's survey rate may be determined by Friday's employment report and whether or not it can sustain the strength from earlier this year.”.
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Sean Becketti quotes

We are hoping that people continue to be prudent about cashing out, but part of it is, lenders are more cautious. One of our frustrations at Freddie Mac is we think we've set a very prudent credit box, but we find that lenders won't go all the way out to the edge of our credit box. They are more restrictive than we would allow them to be. They just are super cautious.feedback

House prices have breached the peak levels of 2006, raising concerns about the long-term sustainability of current price levels.feedback

Demand for Treasuries remained high this week, driving yields to their lowest point since February...This rate represents yet another low for 2016 and the lowest mark since May 2013.feedback

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