Tag Archive | "LEI"
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...Morning Market Update - 8/21/2008: Will rates improve again today?
Thursday, August 21, 2008
Good Morning, The volatility we experienced yesterday in the mortgage market was fantastic! Bonds were purchased and mortgage rates kept dropping. Every time we see this type of bond market rally, it doesn’t last very long because investors begin to start selling for the profits they gained. We will be following this for you today. However, [...]
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Thursday, August 21, 2008
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