A strong increase in factory orders and the expected boost in existing home sales have done nothing to overcome the fear that a financial rescue package for Greece may not be enough to prevent the same thing from happening to other countries. This fear has sent U.S. stocks tumbling with the DOW falling in excess of 200 points.
Treasury prices have rallied as investors seek a safe haven for their money, and mortgage bonds have improved as well. View this day as an opportunity to capture low rates at a great price for your May loan closings!
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment