Tag Archive | "AIG"
Urgent Mortgage Update: Mortgage Rates will remain low after Wall Street’s Bloody Monday! - 9/15/2008
Good Afternoon, If you have inquired about a refinance within the last two years please read closely. The Dow Jones Industrial Average dropped over 500 points today, which is the biggest drop since 9/11. Due to this financial MELTDOWN, Treasuries bonds increased and since mortgage rates are tied to the bond market, mortgage interest rates are [...]
Continue reading...Market Update - 8/25/2008: Great mortgage rates today…bonds are up!
Monday, August 25, 2008
Good Afternoon, We saw a big surprise in this morning’s bond trading after American International Group Inc (AIG) reported they would cut insurer’s ratings. The Dow Jones industrial average has fallen more than 200 points today due the increased weakness in the US financial sectors and the bond market has been rallying. Our economy is not even [...]
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Monday, September 15, 2008
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