Tag Archive | "Consumer Confidence"
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 7/28/2008 - A Rollercoaster Market Week Ahead
Monday, July 28, 2008
Good Afternoon, Another jam-packed week of important economic news may influence mortgage interest rates again. We saw Friday’s stock market rally stimulate the sell off in the bond market and mortgage rates increased as a result. However, Friday’s 10-year bond losses are now gains, so we should see another improvement in today’s mortgage interest [...]
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Friday, August 22, 2008
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