Archive for January, 2008
Bond Market Up Today
25 January 2008Bonds were up today, recovery some of the sell off of the past few days.ﾃつ ﾃつ Mortgage rates will still be about .25 to points higher today, due yesterday’s weakness.
Today is relatively quiet compared to the drama that we witnessed this week.ﾃつ ﾃつ The stock market is still the biggest factor that could [...]
Mortgage Rates Skyrocket as Stock Market Recovers
24 January 2008Stock Markets pulled off a startling recovery yesterday afternoon sending mortgage rates skyrocketing yesterday in a bond market selloff yesterday afternoon and today.ﾃつ ﾃつ If a lender did not reprice yesterday afternoon, the rates today should be at least 1.0 to the price worse than yesterday morning.
Today the December Existing Home Sales report was [...]