Archive | September, 2008
Mortgage Update - $700 Billion Bailout Fails - 9/29/2008
Good Afternoon, The economy is sinking, and it is sinking fast. Most investors pulled from the stock market and have dumped what ever they have left into the treasuries. The 10-year yield, before the Rescue bill was denied, was as low as 23 basis points on the day. The Dow Jones has fallen as low as 705 [...]
Continue reading...Mortgage Update: Keep you eyes focused on Refinancing Rates - 9/17/2008
17. September 2008
Good Afternoon, Mortgage interest rates have been as volatile as they can get our shaky economy the last few days. From Monday 9/8 through Thursday 9/11 lenders were offering the lowest rates we have seen in seven months. At the end of Friday the 12th’s business day they were offering more than a half of a [...]
Continue reading...
29. September 2008
0 Comments