Tag Archive | "GDP"
Urgent Market Update 7/31/2008 - Pull the “Rate Lock” Trigger Today
Good Morning, The quarterly Gross Domestic Product was reported to be lower than economists forecasted. I was right on the money with this prediction. The bond market has been rallying since 8:30am. Hopefully you waited until today to lock your mortgage interest rate as I suggested. Also, the weekly unemployment report showed [...]
Continue reading...Market Update 7/30/2008 - Mortgage Rates Increase Again
Wednesday, July 30, 2008
Good Afternoon, Although there are no relevant economic reports released today, the stock market continues its’ rally while the bond market suffers. Since mortgage interest rates are practically driven by the movement of the bond market, rates are rising accordingly. My thoughts are that tomorrow’s quarterly GDP release will be in line or slightly [...]
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Thursday, July 31, 2008
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