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Tag Archive | "refinancing"

Mortgage Rate Update: Interest Rates may hold strong through the end of the week - 8/28/2008

Thursday, August 28, 2008

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Good Afternoon, The recent events and news should have stirred a selling of bonds and an increase in mortgage rates, but this has not been happening, so the low interest rates have been holding! Here’s the inside Dripp… The revision of the Gross Domestic Product (GDP) came in much higher than expected and the weekly unemployment claims showed [...]

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Morning Market Update (part 2)- 8/26/2008: Mortgage rates remain steady for now as Consumer Confidence pushes higher

Tuesday, August 26, 2008

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Good Morning, We were on the money with our prediction about the Consumer Confidence Index on this morning’s market update.  Check it out.  At 10am the report revealed that consumers felt more optimistic about their finances than expected.  Are you wondering why as well???  It was mostly because of the decrease in gas prices.  Up until now, this [...]

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