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Impact of QE3 on mREITs:As a result of the announcement on September 13, 2012 by the Federal Reserve Chairman Ben Bernanke to launch another round of easing to stimulate the sluggish US economy mulberry outlet online which is showing no signs of respite, mortgage rates have come down. 30 year mortgage rates were at 3.55% when the third round was launched; they are at 3.39% today, encouraging refinancing. As the Fed accelerates bond buying, we believe the mortgage rates in the US will come down further..
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Although iShares maintains a stranglehold on the market, new participants including a series of sector funds from Global X and an A Shares tracking fund from Market Vectors have cheap michael kors bags cropped up challenging the San Francisco based issuer dominance. As a result, iShares has moved to further develop the China equity space and expand its overall product lineup with a recent SEC filing proposing a new China equity ETF. Although the ticker symbol and the expense ratio were not available, sac longchamp we have highlighted some of the key details from the SEC filing below:.
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