ARCHIVED BLOG POSTS
2009
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Good morning, As expected last week, rates rose to 5.375% through Friday of last week. Today’s market reactions have brought us back down to where we were last week. There was a rally in the market based on the positive results of the 2-year Treasury Auction being released yesterday. This...
08/26/2009
Good morning, We have seen a nice little rally over the past couple days resulting in interest rates dropping by .25%. Not too shabby. As with last week, tomorrow brings another Treasury auction announcement from the Federal Reserve which more than likely means we will see a slight deterior...
08/19/2009
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Good morning, Rates have bounced a bit higher and back down over the past week and with the financial reports expected today, we could very well see rates tick up a bit higher by the end of the day today. That being said, the Federal Reserve is issuing two major statements today that could l...
08/12/2009
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Good afternoon, Rates have taken a slight rise over the past few days and have settled so far. The main news that has been causing a rise in rates is due to more and more mortgage bonds being auctioned off by the Federal Reserve. This mornings announcement from the Federal reserve is an add...
08/05/2009