Posts Tagged "mortgage"

Mortgage Rates took a big jump last week. The Jobs Report last Friday capped off the 5th consecutive day of selloff in the Mortgage Bond Arena. Job Losses came in at 247K rather than the expected loss of 328K. To many investors, this was a strong signal that that economy has turned the corner and [...]

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Well, it has been an exciting few weeks. Five weeks ago the yield on the 10 year bond was 2.85% and today it ended at 3.79%. This has resulted in interest rates being a lot higher than 2 weeks ago. If you get an offer on one of your listings, make sure you have the [...]

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