Semiannual Monetary Policy Report to the Congress

Semiannual Monetary Policy Report to the Congress

The Fed Chief is on the hill, still speaking about the state of our economy.  I haven’t caught much of his speech, only been following the market reaction.  Stocks don’t like it, down 120 on the Dow.  Bonds like it, up 8/32’s on the 10 year note.

Keep in mind that the market is volatile, something like herding cats.  Austin mortgage borrowers are encouraged to take advantage of your opportunities.  Complete report above.

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