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% - [...]
Continue reading...Tuesday, August 5, 2008
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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Tuesday, August 19, 2008
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