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Monday Market Update
Happy Monday!
   Hope you had a nice weekend!  I finally got some of my Christmas shopping done and Holy Moly were there a lot of people out there.  A small observation on my part, I think that starbucks made more money than the retail stores.  Everyone was carrying a starbucks cup of sorts but very few had much for bags.  Any who,  If you have any motivated buyers that are still needing to get closed before the end of the year there is still time and I would love to help them!
 Here's your Monday Market Update - let me know what I can do to help you today!
Present Market ConditionsRates continue to rise for the fourth week in a row and are now at their highest levels in almost 6 months. According to Frank Nothaft, vice president and chief economist for Freddie Mac, "After Europe made strides in its debt situation; investors left the security of U.S. Treasury debt causing bond yields to rise and mortgage rates along with them. Interest rates for 30-year fixed mortgages are now almost a half percentage point higher than the record low set in mid-November, which for a $200,000 conventional loan amounts ... more

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