Tag Archive | "Fed"
2nd Market Update 7/23/2008 – The Fed’s Beige Book Hints More Rate Increases
Good Evening, Inflationary concerns were brought up in today’s Beige Book, but it states that there is not enough information to make any drastic moves. Analysts are saying that higher mortgage costs and interest rates should continue to be implemented to help alleviate the pressures of inflation. This is bad news for the bond [...]
Continue reading...Market Update 7/21/2008 – Will mortgage rates improve again?
Monday, July 21, 2008
Good Afternoon, With more quarterly corporate earnings being released this week along with six economic reports we will most likely see another very interesting week for mortgage interest rates. This morning Bank of America beat Wall Street’s second quarter earnings expectation, which helped the stock market during early trading. My opinion is that rates [...]
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Wednesday, July 23, 2008
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