Tag Archive | "Bonds"
Morning Market Update - 8/22/2008: Buying, selling and mortgage rates
Good Morning, What a change of events we saw yesterday! Unemployment improved last week and the economy is expected to contract even more within the next three to six months. This news alone was really not enough to cause such a rise in interest rates. Commodities were hot yesterday and investors figured they [...]
Continue reading...Market Update 8/1/2008 - Take Advantage of Today’s Interest Rate Lag
Friday, August 1, 2008
Good Afternoon, Today’s 10-year bond yield open higher, but eased right back down after the gloomy picture that was painted by Labor Department and the Institute for Supply Management this morning. Mortgage interest rates will most likely remain at yesterday’s lows with a slight chance for improvement. Here is what’s going on: There were 2 [...]
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Friday, August 22, 2008
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