cary mortgage market conditions: Raleigh Mortgage Info – Kevin Martini - Last Week...This Week (For the week of July 30, 2007) - 07/30/07 12:10 AM
Last Week...
Although the heat is on weather-wise in the Triangle, our recently overheated Stock market suddenly took an icy plunge lower this past week. Just as quickly as the Dow had cracked the record level of 14,000, Stocks reversed course and lost 586 points for the week overall. The big cool down was triggered by a few different factors, including several weak Stock earnings reports and continuing concerns about the backlash from the subprime mortgage situation and tightening mortgage credit. And when the mood in the Stock market went sour, it happened fast - Traders and investors unloaded Stocks hand over … (1 comments)


Kevin Martini

Raleigh, NC

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DNJ / Gateway Mortgage

Address: 2235 Gateway Access Point, Suite 300, Raleigh, NC, 27607

Office: (919) 865-2473

Mobile: (919) 274-3700

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