consumers and potential homebuyers are being mislead by those that continue to talk about it as a possibility: No 4.5% mortgages, Consumers and potential homebuyers are being mis-lead by those that continue to talk about it as a possibility - 02/26/09 12:06 PM
$94B, the amount Treasury auctioned this week. Today's 7 yr note auction went better than was expected, traders fretted about it as it was the first 7 yr note issued since 1993. The large $22B 7-yrs drew 2.748%, with a 2.11 bid-to-cover and a solid indirect bidder take of 38.7%. The cover was fair while the rate was on the high end and prices are falling. Supply of increasingly more supply needed to fund the many attempts to stabilize the economic decline and prop up banks will lead to a 2009 federal deficit of $1.75T admitted by Obama this morning, we … (5 comments)

 
John F Tuggle, Certified VA Expert Renovation Program Specialist (John Tuggle, Senior Mortgage Loan Originator, Envoy Mortgage, Ltd. )

John F Tuggle

Certified VA Expert Renovation Program Specialist

Columbus, GA

More about me…

John Tuggle, Senior Mortgage Loan Originator, Envoy Mortgage, Ltd.

Address: 5820 Veterans Parkway , Suite 309, Columbus, GA, 31904

Office: (706) 315-2365

Mobile: (706) 315-2365

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