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Mortgage Market Update

click for larger imageThe rate markets are under pressure again this morning. The recent spike in interest rates adds more confirmation to our forecasts that the lows in the interest rates markets are now in place and rates are unlikely to fall to new lows. The recent stampede to the safety of US treasuries became excessive; the run down in rates was mostly in treasuries but mortgage rates benefited as the outlook for the US economy hit new lows in July and August. A lot of concern the US economy would double dip and fall back into text book recession sent investors, both domestic and foreign, to the safety of bonds.  There just isn't much room left for improvement, but a lot of room for rate to go up.  I would Strongly advise capitalzing while you can.

Want to know more on how the Mortgage Market directly effects mortgage rates or need an explanation of the candlestick chart above? Send us an email and we'll gladly provide an in depth article.  Realtors, ask about a detailed presentation on the Mortgage Market at your next office meeting.

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Entries in living (1)

Saturday
Jan022010

The Perfect '10

DateSaturday, January 2, 2010 at 8:12PM

The New Year is here and I hope you have big plans for 2010, the Perfect '10!  If you would like a bit of extra encouragement and boost to meet your goals, check out the newest thing in accountability partners and cheerleaders for your personal achievement.  www.smokinhotmamaclub.com

A Smokin’ Hot Mama is a mother who recognizes she must care for herself in order to truly care for her family.  She is not perfect, but she’s getting better with each new day.  She’s rekindling her hopes and dreams and finding true happiness within.  The SHM Club is a place to be encouraged along your journey to becoming your very best.  So, if you’re ready to become the best YOU, to live in happiness and purpose, we are here to support and encourage you.  Let’s find the Mama you have always wanted to be . . . together!

Log on to the our new website today for encouragment, goal setting tips and resources.  May you have your Perfect '10!

AuthorPamela Crim | Comments Off |
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