Tag Archive | "refinancing"
Mortgage Update: Will this crisis ever end? - 10/22/2008
Good Afternoon, It feels as if this crisis will never end. Monday and Tuesday’s bond market has opened up considerably. Rates continue to drop due to economic uncertainty and recession fears in Asian and European Markets. Monday’s only economic data was September’s Leading Economic Indicators (LEI). This index attempts to measure future economic activity, particularly during the [...]
Continue reading...Mortgage Update - $700 Billion Bailout Fails - 9/29/2008
Monday, September 29, 2008
Good Afternoon, The economy is sinking, and it is sinking fast. Most investors pulled from the stock market and have dumped what ever they have left into the treasuries. The 10-year yield, before the Rescue bill was denied, was as low as 23 basis points on the day. The Dow Jones has fallen as low as 705 [...]
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Wednesday, October 22, 2008
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