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Tag Archive | "Retail Sales"

Market Update - 8/13/2008: To Lock or Not to Lock, that is the Dilemma

Wednesday, August 13, 2008

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Good Afternoon, This morning’s Retail Sales Report fell short from analyst expectations. This is good news for mortgage rates and we should see an improvement today. However the expected CPI tomorrow can take this away very quickly, so lock your loans. If you are really feeling frisky, you can wait until tomorrow. Here’s the inside [...]

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Market Update - 8/11/08: Rising Interest Rates Continue

Monday, August 11, 2008

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Good Afternoon, The 10-year bond yield is currently up to 4.03%. As expected rates adjusted accordingly by increasing by at least a quarter of a discount point. We see this upward trend as likely to continue through the end of the week. Protecting your program should be your first priority if you are [...]

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