Tag Archive | "Fed"
Morning Mortgage Rate Update: Interest Rate Volatility is high! - 9/3/2008
Good Morning, Yesterday’s outstanding 10-year bond performance helped to lower mortgage interest rates again. Three factors caused this type of strength in the bond market. ISM reported that manufacturing sector of our economy is contracting and that inflationary pressures have been declining. Sometimes it’s just that simple, but will this continue throughout the day today and [...]
Continue reading...Market Update - 8/26/2008: Excellent refinancing opportunity today!
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 [...]
Continue reading...
Wednesday, September 3, 2008
0 Comments