Friday, February 22, 2008

Rate Update Feb 22, 2008

You Tube link to see rate update video: http://www.youtube.com/watch?v=8e4chKAMLqA

The volatility ion the bond market has been unprecedented over the past few days. From Jan 22nd to today rates have increased from 5.00% up to 6.25% and now back down to 6.00% for 30 year fixed rates.

Watch today’s you tube video to see what is on tap to impact mortgage rates over the next week…..

Current Outlook: neutral

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