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Tag Archive | "Oil prices"

Market Update - 8/19/2008 (part 2): Inflation haunts mortgage rates again

Tuesday, August 19, 2008

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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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Market Update 8/5/2008 - Interest Rate Increases Are Back-Part 1

Tuesday, August 5, 2008

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Market Update 8/5/2008 – Interest Rate Increases Are Back As we are waiting for Fed’s announcement at 2:15pm there is some very relevant news that is important to mention that has stimulated a slight increase in mortgage interest rates today. I am expecting them to worsen as the day continues unless the Fed’s statement hints [...]

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