Conroe Mortgage and Home Loans - Archives June, 2010

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Home : Blogs : Valerie Attaya : Conroe Mortgage and Home Loans : Archives June, 2010

Market Report - 06/04/10 03:19 PM

Market CommentMortgage bond prices rose last week pushing mortgage interest rates lower. We were negative through Thursday as stocks performed generally well until Friday's data was released. Fortunately bond prices surged higher Friday morning following the weaker than expected payrolls component of the employment report. In addition, news of a troubled Hungarian economy reignited global fears and resulted in flight to quality buying of US debt instruments. Stocks fell precipitously Friday. Rates fell by about 1/2 of a discount point for the week.
The retail sales data will be the most important release this week. The US Treasury auctions will also … (0 comments)

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Valerie Attaya

Conroe, TX

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CORE Lending

Address: 2200 N FM 3083 W, Conroe, TX, 773074

Office Phone: (936) 521-7507

Cell Phone: (281) 413-4604

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Conroe Mortgage Loans is dedicated to Conroe Home Loans and Home Financing. For information concerning home loans and financing/refinancing in the Conroe, Lake Conroe area, please visit www.conroemortgageloans.com

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