I have GOOD news this time! Don't get too excited - It's a slight change for the better. The bond yield dropped below 6.90% due to bond sales rising. The stock market is basically flat ...and word on Wall street/Fed etc. is that this year is looking a lot like 1991 recession.
I entered the mortgage world in 1991, so I remember what it was like. For those of you who remember that year...It was tough! But we all survived and we will survive this too.
Good Luck!
Wednesday, February 20, 2008
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