Tag Archive | "ISM"
Market Update 8/1/2008 - Take Advantage of Today’s Interest Rate Lag
Good Afternoon, Today’s 10-year bond yield open higher, but eased right back down after the gloomy picture that was painted by Labor Department and the Institute for Supply Management this morning. Mortgage interest rates will most likely remain at yesterday’s lows with a slight chance for improvement. Here is what’s going on: There were 2 [...]
Continue reading...Market Update 7/28/2008 - A Rollercoaster Market Week Ahead
Monday, July 28, 2008
Good Afternoon, Another jam-packed week of important economic news may influence mortgage interest rates again. We saw Friday’s stock market rally stimulate the sell off in the bond market and mortgage rates increased as a result. However, Friday’s 10-year bond losses are now gains, so we should see another improvement in today’s mortgage interest [...]
Continue reading...
Friday, August 1, 2008
1 Comment