merrimack valley mortgages: Mortgage Rates Today
- 06/06/07 03:22 PM
Lock Advisory - Wednesday Jun. 6thWednesday's bond market opened in negative territory but has since moved into positive ground. The stock markets are showing considerable losses with the Dow down 100 points and the Nasdaq down 22 points. The bond market is currently up 5/32, but we will likely not see an improvement in this morning's mortgage rates due to weakness in bonds late yesterday.Today's only relevant news was the revised 1st Quarter Productivity and Costs reading. It showed an increase of 1.0%, which was a downward revision of 0.7%. This was a weaker than expected reading, which can be considered (1 comments)
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