Wednesday and Thursday saw our highest 30 year fixed rates of 2009 beating last Wednesday's record high. It is the third consecutive week where we have set a new high. We did bounce back at the end of the week thanks in part to a fairly well received 30 year treasury bill auction but we still closed down -25 basis points (rates got higher) from the previous week.
There has been a lot of volatile in the market and the long term trend is still upward although we are enjoying quite a pull back. If you are in the market take advantage and lock in if possible.
Until Next time Here is to your success! Jason Wheeler 866-833-7413 | Come to a FREE Bay Are Seminar |
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