Archive for the 'mortgages' Category

Ups and Down - Interest rates, Stock markets et al.

It is always interesting to me to see how people react to changes in the market or interest rates.
I have read way too many stories in the last year about adjustable interest rate mortgages (ARM) and how they have caused foreclosures,  destroyed lives, etc.  I certainly do not mean to belittle the people that have [...]

Share and Enjoy:
  • Digg
  • del.icio.us
  • Technorati
  • StumbleUpon
  • Facebook
  • Google

A little about Mortgages today…

Many Wall Street economists say that the 10-year T-bill’s fair value should be at about 5% to 5.25%. However, the 10-year T-bill closed today (11/26/07) @ 3.85%. In addition to year-end tax sell-off, the various news with many financial companies’ write-offs resulting from sub-prime papers are part of the market volatility affect. [...]

Share and Enjoy:
  • Digg
  • del.icio.us
  • Technorati
  • StumbleUpon
  • Facebook
  • Google