interest rates: Rates improve slightly this week - NOW is your buying opportunity! - 02/25/11 11:54 AM

The recent unrest in the Middle East is causing investors around the world to move money to the safeā€haven of US bonds, causing bond prices to increase, and resulting in lower mortgage rates. While we've seen slight improvements in the mortgage rates this week, they haven't dropped nearly as much as many analysts expected.
This is especially surprising when you consider the stock market dropped 325 points in addition to the bond market increases. However, many experts are warning that the recent gains in bonds will be limited by fears of inflation down the road.
Therefore,In addition, the improvements in … (0 comments)

 
George Charles, NMLS# MB-70191 (LoanCentral)

George Charles

NMLS# MB-70191

Bellevue, WA

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