Archive | June, 2008
Rates are moving back up again…
Not too long ago the news was raving, “Rates are on their way down!!!” Many people took advantage of that opportunity and others were hoping that the rates would go even further down. Now, you are all going to be hearing the exact opposite it seems. Rates are on their way back up again and [...]
Continue reading...Friday is a good lock day
6. June 2008
Here is a follow-up on my market update from Monday. I suggested that you float your mortgage rate until today’s unemployment report and I was correct. Unemployment soared to 5.5%, which is the biggest one-month jump in over 22 years and employers have cut payrolls for the fifth consecutive month. Economists expected a much lower [...]
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16. June 2008
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