Tag Archive | "ADP"
Market Update 7/30/2008 - Mortgage Rates Increase Again
Good Afternoon, Although there are no relevant economic reports released today, the stock market continues its’ rally while the bond market suffers. Since mortgage interest rates are practically driven by the movement of the bond market, rates are rising accordingly. My thoughts are that tomorrow’s quarterly GDP release will be in line or slightly [...]
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Wednesday, July 30, 2008
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