Yesterday was wild ride with two rate increases in the middle of the day...as the bond yield shot up to 3.68% before calming down late in the day.  Early this morning, Merrill Lynch reports worst than expected quarterly losses and will lay off 4000 people.  Jobless Claims surged higher and I expect that the Stock Market will start out sluggish this morning. 

We should see rates relax this morning.  No crystal ball here just calling it as I see it.

 Good luck today! 

 

 
Posted by Sherry Connor on 04/17/2008 07:57 AM   Comments (4)   sherry bradley, mortgage, market, update, finance  
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4 Comments on Mortgage Market Update - 04/17/08

APR
17
2008
292,376 Points 4 Featured Posts Outside Blog
Glad to see you back Sherry. Hope you had a great cruise! Share with me about your new Job adventure!
9:35am • #1
1 Featured Post
Yesterday was a wild ride.  I hope it is better today.
9:49am • #2
I think that's probably a good call too..  Guess we'll see here in a bit..
9:53am • #3

The Disney Cruise was the best!  Had a ball and hated coming back to reality!

 
6:37pm • #4

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Sherry Connor

Charlotte, NC

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Fidelity and Trust Mortgage

Address: 2101 Rexford Road, Suite 350W, Charlotte, NC, 28209

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