Bank of Montana hosts an annual networking event with the Montana World Trade Center and will be announcing the date of the event soon. We hope to see you there!
According to Bloomberg, “Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates fell to the lowest in more than a year and many of their notes rose near record high prices as investors seeking safe debt wager prepayments will stay manageable.” See article link. http://www.bloomberg.com/news/2010-06-22/fannie-mae-yields-that-guide-mortgage-rates-fall-to-lowest-level-in-a-year.html
The Federal Open Market Committee decided to keep rates where they are, citing overseas threats to U.S. Growth.