Good morning,
Consumer confidence was worse than expected this morning and that will have a moderate influence on fixed interest rates. I checked the bond market this morning at 7am and we were up well above the 200 day and and 50 day moving average. By 9 am, we were up 40 basis points. This is a sigh of relief as we were heading in the wrong direction late last week. Let's keep our fingers crossed in hopes that they continue on their bullish run. Keep posted for today's interest rates. I will be waiting for the price change for the better before posting.
Adam
Tuesday, February 23, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.