Tag Archive | "Bernanke"
Market Update 7/16/2008 – Market Rebounds: Rates Back Up
Good Afternoon, Yesterday’s report warned that inflationary concerns would most likely interfere in our quest for lower rates this week. This was proven to be accurate after today’s economic reports caused rates to move back up after yesterday’s drop. I have been seeing this coming for a while now. Banks increased rates twice [...]
Continue reading...Market Update 7/14/2008 – More Volatility Expected this Week
Monday, July 14, 2008
Good Afternoon, I am expecting a very volatile week in regards to mortgage interest rates. There are six important economic reports along with more corporate earnings releases and the minutes from the last FOMC meeting. The 10-year bond yield opened in positive territory this morning and brought rates slightly higher because of Friday. [...]
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Wednesday, July 16, 2008
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