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Some common sense in the market, Sept 30th Video Update

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Mortgage and Lending with Caliber Home Loans CHL NMLS# 15622 CHL NMLS# 15622
Hello Friends, Finally, some people are treating investments like they should, a long term or at least medium range investment strategy, not a knee jerk, the sky is falling mentality. When things like Apple lose 20% in value or Google hits several year lows since going IPO, you can see the clear emotion involved in a something like a 778 point drop on the DOW, a 112 year historic drop. Today the DOW has recovered over half of its losses from yesterday and money is pouring out of US Treasuries and Mortgage Backed Securities because of it. We have seen a big drop in value of MBS' so rates have worsened by nearly .125% today. There is a lot of content in the video, please watch for more details! Be Blessed! Travis
Richard Ives
Chicago, IL

Travis, thanks for the post.  Have a great week!

Sep 30, 2008 08:18 AM