Even though the stock market is up today, over 100 points on the Dow, bonds improved as of closing as well. Treasuries made up nearly half of yesterday’s (Black Wednesday) losses and Mortgage Backed Securities tried to follow suit but couldn’t muster quite the same rally. That being said there are signs on hope that there will be a recovery and the low 5′s should be a reality for a while…
~Greg :: The Roseville Home and Loan Expert
Thanks for writing, I very much enjoyed reading your latest post. I think you should post more often, you clearly have natural ability for blogging!