Rates Lower Again, for now

Mid East Desert Dictators Dropping like Dominos sent the stock market lower and drove the yield on the 10 year bond to 3.42 %, sending mortgage rates lower for the second week in a row. I am all for spreading democracy but leery about the newly elected governments, which may not be too chummy with the United States, using oil as a weapon and sparking inflation. If so rates have to move higher. Speaking of inflation, consumer sentiment rose to it's highest level in three years.  I wonder if Carmelo Anthony is looking for  house at the shore.   Turn you "as is" to "as completed" with a First Equity Renovation loan. I can turn the one you hate to show into your easiest sale.                                                                                                                                                                John Wall First Equity Mortgage NMLS# 296806 Office 732 359 7800 Ext. 235 Cell   732 977 5562 jwall@femtg.com