Doug Walker's Blog - Archives November, 2010

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Home : Blogs : Doug Walker : Doug Walker's Blog : Archives November, 2010

The 4.00% mortgage rate may soon be extinct! - 11/18/10 10:18 AM

The bond market is sinking again this morning, sending mortgage rates up yet again.
As you can see from the chart below, the bond has been on a downslide which has sent mortgage rates soaring up about .50% just in the last 13 days!

If you have clients that are refinancing and waiting for rates to "come back down," they may be very disappointed and miss the bus.
Remember, everything the gov't is doing by purchasing bonds and stimulating the economy is designed to help business start moving again. When that happens, and it will to some degree, the stock … (2 comments)

Rates On The Rise - Is This A Trend? - 11/10/10 09:33 AM

… (0 comments)

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