Thursday, June 24, 2010

NEW RECORDS!!!!!

Mortgage Rates Sink to Lowest Level on Record- AP

"Mortgage rates fell this week to the lowest level on record, giving consumers added incentive to lock in low payments on home purchases and refinancings."

Now isn’t this good news?

MAN did the 10 year plummet!!! F!!! I need yield, but RR always said “more mistakes made chasing yield….” He doesn’t like bonds, but bonds soar in deflationary climate and that's what we got.

D

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