Here's your Daily Commentary report compliments of Jeff Drew and Star Mortgage!
Thursday’s bond market opened in positive territory following early stock losses that have made bonds more attractive to investors. The stock markets are showing sizable losses with the Dow down 145 points and the Nasdaq down 44 points. The bond market is currently up 10/32, which should improve this morning’s mortgage rates by approximately .125 of a discount point.
The Conference Board posted their Leading Economic Indicators (LEI) late this morning, announcing a 0.3% increase. This was …
To read the rest of the story click on “mortgage”: mortgage
©Mortgage Commentary 2009
Massachusetts mortgage applicants: Please note that this information reflects just one opinion on the current market and should be used for informational purposes only. Today’s mortgage market is very volatile and can change very quickly. www.JeffDrew.StarMortgage.com
No comments:
Post a Comment