keeping homeowners and buyers current on the changes in the industry, mortgage interest rates, buyers programs, and forecasts of markets and interest rates
Monday, May 10, 2010
why yes! 1 Trillion dollars would be great...thanks!
Oops...I was so excited with that big Trillion number I hit done before I started...maybe thats all I needed to say.
Europe is doing their own version of government plans to bail out failing economies...sound familiar...it should. Oh...and though we live accross the 'big' pond we are still pitching in some cash to help the cause. How is it that Europe says bad stuff about America...seems like we are always willing to lend a hand. But I digress.
Rates ticked up a bit today..not much, but as the situation in the EU stabalizes we will see rates trend up as the stock markets will like the more certain future and move out of the safety of mortgage bond investments and back into the stock markets.
Viva La Bailout! (where is all the money coming from for these bailout....??? I know, do you?)
Oops...I was so excited with that big Trillion number I hit done before I started...maybe thats all I needed to say.
ReplyDeleteEurope is doing their own version of government plans to bail out failing economies...sound familiar...it should. Oh...and though we live accross the 'big' pond we are still pitching in some cash to help the cause. How is it that Europe says bad stuff about America...seems like we are always willing to lend a hand. But I digress.
Rates ticked up a bit today..not much, but as the situation in the EU stabalizes we will see rates trend up as the stock markets will like the more certain future and move out of the safety of mortgage bond investments and back into the stock markets.
Viva La Bailout! (where is all the money coming from for these bailout....??? I know, do you?)