Thursday, February 21, 2008

Mortgage Market update 2/21/08

Nice surprise to see the bond yield down to under 3.8%, If you haven't already noticed on your rate sheets, Rates are lower. Stocks not doing to much today which is why the bonds are the go to items of the day. Keep an eye on those bonds. If the yield drops below 3.75% you will probably see lower rates mid-day.

Good Luck

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