Given the “juice” provided by QE2 (rumor or real), we may be set up for a blow off top and hard reversal
Given the “juice” provided by QE2 (rumor or real), we may be set up for a blow off top and hard reversal
Take advantage of any rally the market gives you and get on the bus before it leaves the station
This is a time for Austin mortgage borrowers to be careful. Take advantage of any rally the market gives you and get on the bus before it leaves the station.
Employment report over 250K should give stocks a lift and punish our pricing for about .25 to .50. Anything less than 50K would hold Austin mortgage rates steady and probably put another whippin’ on stocks
Over 250K should give stocks a lift and punish our pricing for about .25 to .50. Anything less than 50K would hold Austin mortgage rates steady and probably put another whippin’ on stocks. With all that is moving markets these days, only the almighty know where we’ll be this time tomorrow. Best bet for borrowers is to lock your interest rate NOW and buckle up! Should be a wild ride.
Even though this morning’s calendar has had its fair share of data, most markets have been quite with little volatility
Even though this morning’s calendar has had its fair share of data, most markets have been quite with little volatility. Currently, the 10 year note is off 3/32’s (yield 3.72%), mortgage backs off 2/32’s, and stocks off 35 points on the big board.