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Archive | July, 2008

Market Update 7/25/2008 - How Quickly the Economy Turns!

25. July 2008

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Good Afternoon, A whole lot of news has come out today that negatively affected the bond market, which helped to push up rates again. They are still better than they have been all week except for yesterday. You still have a chance to lock in a great interest rates and take advantage of this [...]

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Market Update 7/24/2008 - Today We’re Seeing Rates Go Down!

24. July 2008

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Good Afternoon, My recommendation to not lock through the end of the week was correct. The 10-year bond yield plummeted this morning by almost .10%, which caused mortgage interest rates to ease back down again. As I have also mentioned, the ultimate trend is that rates are consistently going up, but we have been [...]

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