NeWS to KnOW

August 12th, 2008 11:50 AM
Last week, rates moved higher in the beginning of the week after investors were convinced that inflation was increasing and the Fed was unwilling to take the steps necessary to slow its growth.  However, it was the financial news from the stock market that stopped rates cold in their tracks and even pushed them just about back to where they began.  The week ahead, is likely to test rates once again.  So will rates increase or can they muster the staying power to level or even decrease.............only the market knows.

Posted by Daniel DiGuglielmo on August 12th, 2008 11:50 AMPost a Comment (0)

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Daniel DiGuglielmo - Your Mortgage Banker
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