grauteam | mortgage update 1.7.2008

January 7, 2008 by · Leave a Comment
Filed under: Mortgage Rates Predictions 

Today continued the FNMA 30 Year Mortgage bonds rally. The last 7 sessions have closed positive for mortgage bonds. Rates are knocking on the door of 5.625%. There is not much market moving economic reports being released until next Tuesday.  The bond market should just be reacting to the stock market and headline news this week. 

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