Posted on Wednesday, 2nd April 2008 by chrisjones

Yesterday was the worst day for bonds in two months, as money poured out of the bond market and into stocks, leading to an almost 400-point gain on the Dow. Mortgage rates loosely follow bond rates, which rose from a low of 4.39 on Monday to 4.59 this morning on the 10-year treasury. That’s a [...]

Tags: Fed rate, FHA, mortgage loans, mortgage rates
Posted in Rate Watch | Comments (0)

Posted on Thursday, 13th September 2007 by chrisjones

I meant to post on Monday, but I couldn’t sleep the night before and spent a couple of hours on the stairs in my house praying and trying to be grateful that I have it better than most, however it feels like sometimes I could lose it in heartbeat. So I didn’t post. I meant [...]

Tags: Fed rate, mortgages
Posted in Blog & News | Comments (0)