Tag Archive | "mortgage rates"
Market Update - 8/26/2008: Excellent refinancing opportunity today!
Good Afternoon, Although we did not see a huge rally today in neither the bond nor stock market, lenders improved mortgage rates at around 4pm. What caused this is relatively simple and was predicted as long as nothing big and unexpected happened in other news today. Here’s the inside Dripp… The Fed did not take a confident decision to [...]
Continue reading...Market Update - 8/25/2008: Great mortgage rates today…bonds are up!
Monday, August 25, 2008
Good Afternoon, We saw a big surprise in this morning’s bond trading after American International Group Inc (AIG) reported they would cut insurer’s ratings. The Dow Jones industrial average has fallen more than 200 points today due the increased weakness in the US financial sectors and the bond market has been rallying. Our economy is not even [...]
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Tuesday, August 26, 2008
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