Good Morning, It has been a very volatile morning in the market. Negative news from JPMorgan and the continuing fluctuations in oil prices pushed investors to pull out of the stock market and invest in bonds. We will see a slight improvement in mortgage interest rates today. Here’s the inside Dripp… Souring mortgage debt in the [...]
Continue reading...Monday, August 11, 2008
Good Afternoon, The 10-year bond yield is currently up to 4.03%. As expected rates adjusted accordingly by increasing by at least a quarter of a discount point. We see this upward trend as likely to continue through the end of the week. Protecting your program should be your first priority if you are [...]
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Tuesday, August 12, 2008
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