ARCHIVED BLOG POSTS
Good Morning, Well, as they say: What goes up, must come down. The increasing global recession fears coupled with the poor earnings reports from the likes of Wachovia and Boeing have pressured stocks lower over the past couple days and been a positive boost to mortgage bonds, lowering interest ra...
Good Morning, We have seen quite a bit of volatility over the past week. The passing of the bailout bill seemed a bit too late for Wall Street on Monday as the stock market dropped significantly again. This drop ended up benefitting mortgage backed securities and lowering fixed interest rates. As...
Good Afternoon, As you may have been aware of, there appears to be an economic crisis going on. There also happens to be a government proposal for a bailout that is being voted on. On Monday, when it was made apparent that the initial bailout proposal was voted out, we saw a massive drop in the s...