HomeLoans Blog

September 14th, 2010 9:03 PM

It does not happen often, but it has happened back to back. Stocks and bonds move positive on the same day. (Stocks did have a slight pull back late this session.) Bonds especially the last two days have made some significant upward swings - pushing rates back close to the earlier August lows.

I was very surprised by both days, especially given the good Retail Sales figures from this morning.

Chattanooga Mortgage Rates

 

Remember we are looking at bond price movement - bonds up, rates down! bonds down, rates up!

 


Posted by Richard Smith on September 14th, 2010 9:03 PMPost a Comment (0)

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