Good Morning, Yesterday the bond market fluctuated up and then back down to the same level it ended yesterday. Since lenders wouldn’t budge on lowering rates yesterday, it was inevitable that as long as bonds stayed strong today they would decrease them. In a half hour July’s Durable Good Orders will be coming out. If the results [...]
Continue reading...Tuesday, August 26, 2008
Good Afternoon, Although we did not see a huge rally today in neither the bond nor stock market, lenders improved mortgage rates at around 4pm. What caused this is relatively simple and was predicted as long as nothing big and unexpected happened in other news today. Here’s the inside Dripp… The Fed did not take a confident decision to [...]
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Tuesday, August 26, 2008
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