Archive | July, 2008
Market Update 7/29/2008 - Today’s Interest Rates Creeping Up
Good Morning, The stock market has been rallying after the Consumer Confidence Index showed better than the expected forecast of 50.0. As a result, bonds are being sold and the money is being reinvested into the stock market again. Mortgage rates will most likely be going up today, so if you are in the [...]
Continue reading...Market Update 7/28/2008 - A Rollercoaster Market Week Ahead
28. July 2008
Good Afternoon, Another jam-packed week of important economic news may influence mortgage interest rates again. We saw Friday’s stock market rally stimulate the sell off in the bond market and mortgage rates increased as a result. However, Friday’s 10-year bond losses are now gains, so we should see another improvement in today’s mortgage interest [...]
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29. July 2008
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