Tag Archive | "Inflation"
Market Update - 8/21/2008: Ouch! Mortgage Rates took a hit today
Good Afternoon, After five consistent days of investors buying into the bond market they woke up this morning, took a sip of coffee and said, “Sell, Sell!!!” This means that we will most likely see rates creep back up again today. The rate monster is back, but I don’t think for long! Here’s the inside Dripp… The unemployment [...]
Continue reading...Market Update - 8/19/2008 (part 2): Inflation haunts mortgage rates again
Tuesday, August 19, 2008
Good Afternoon, Hopefully you read this morning’s market update and took advantage of the mortgage interest rates because the 10-year bond has started to respond to the high inflationary numbers released at 8:30am. Here’s the inside Dripp… These are the final Producer Price Index (PPI) numbers from this morning: - Consensus (PPI – M/M change): 0.5% / Actual: 1.2% - [...]
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Thursday, August 21, 2008
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