CU Mortgage Division’s “Mortgage Dude” Daily Mortgage Market Update and First Mortgage Market Updates.
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Daily Rate Lock Recommendation – 08/25/2010
Published on 2010-08-25 11:51:08
Wednesday’s bond market has opened in positive territory following favorable economic data and early stock losses. The stock markets initially opened well into negative territory, but have since recovered a good portion of those earlier losses. As the major stock indexes climbed from morning lows, the bond market gave back some of its early gains. [...]
Daily Rate Lock Recommendation – 08/24/2010
Published on 2010-08-24 12:30:26
Tuesday’s bond market has opened in positive territory after news of a large drop in home sales. The stock markets are reacting negatively to the news with the Dow down 81 points and the Nasdaq down 22 points. The bond market is currently up 18/32, which should improve this morning’s mortgage rates by approximately .250 [...]
Daily Rate Lock Recommendation – 08/23/2010
Published on 2010-08-23 11:15:52
Monday’s bond market has opened down slightly following early stock gains. The stock markets are kicking the week off with the Dow up 52 points and the Nasdaq up 6 points. The bond market is currently down 4/32, which should push this morning’s mortgage rates higher by approximately .125 of a discount point. There is [...]
