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The Market today - .5 to .625% hit Barclays withdraws - Now they are back?

The market seems to be going crazy today. Sunday, it was announced that Barclays PLC withdraws bid to buy Lehman Bros. investment bank. I just heard now that they are back on.

The way things are going in this market, the sky is falling one day and the clouds part and its a sunny day the next.

Anyone have any different news on this potentially huge news?

Today Feds say no to rate cuts and things are ?????

The one with the crystal ball wins.

Any thoughts are much appreciated.

Posted by Jeff Polonsky on 09/16/2008 03:14 PM

Comments (3)

Barclay's - Buy or Not to Buy in the ActiveRain Channel

seattle loan officer, kenmore loan officer, market conditions

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3 Comments on The Market today - .5 to .625% hit Barclays withdraws - Now they are back?

SEP

2008

Jeff,

If you don't use this, you should. Matt has saved many LO's throughout the nation a TON of money. Put it in your favorites and access it multiple times a day. He is deadly accurate. It is free for now, so you can see how much $ he saves you. rumor has it, it is going to a pay site in the future, but the amount he saves you will ridiculously outweigh the monthly or yearly cost.

http://www.mortgagenewsdaily.com/mortgage_rates/blog/

Thanks Casey. That helps. That looks like a great resource. Thanks again

Hey no problem. You will definitely find value in it. I know I have! :)

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