HomeLoans Blog

February 22nd, 2011 8:41 PM

After a 3 day weekend, the mortgage bond market opened with a little boost of improvement that helped mortgage rates maintain the improving trend of the last week or so.

There is no way to know if the trend of improving rates will continue because it seems to be based primarily, according to many analysts, on the fears over the troubles in the Middle East.

The bond market had lost 2 points since the beginning of February. Over the last several days it has gained over half of that back.

If you have decided not to lock you loan after these gains, then you are thinking that we are entering into a bullish bond market and the improving trend is going to gain more momentum.


Posted by Richard Smith on February 22nd, 2011 8:41 PMPost a Comment (1)

Subscribe to this blog
Recent Posts:

Archive:

My Favorite Blogs:

Sites That Link to This Blog:

Home Loans in Tennessee and Georgia 1961 Northpoint Blvd Chattanooga, TN 37343
Phone: Toll Free Phone: Cell: Fax:

My Contact Info | Home Page | Site Map | Customer Login | HomeLoans Blog

Copyright © 2012 Home Loans in Tennessee and Georgia
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin LoginTerms of UseSite Map



 
State:
County:
City:
Zip: