Archive for July, 2007
Mid and Late Week Reports Could Drive Interest Rates
23 July 2007The bond market opened negative on Monday after the stock market posted gains.ﾃつ ﾃつ
There are several economic report ahead this week that could affect mortgage rates, all falling in the mid or late part of the week, including new home starts, the Beige Book, and jobs, and GDP.ﾃつ ﾃつ With the 10yr Treasury [...]
10 Year Treasury Drops below 5%
20 July 2007The bond market opened up on Friday following stock market losses.ﾃつ Mortgage rates should improve today by as much as .25 of a point.ﾃつ The movement of the bond is today unrelated to any economic news, and exclusively the result of funds moving from the stock market into the bond market.
Today the 10 [...]