Looking for clues on the short-term direction for rates? Look - TopicsExpress



          

Looking for clues on the short-term direction for rates? Look towards the Far East – what is going to happen between the Ukraine and Russia this weekend– will that missing plane show up and if it does can we actually figure out the story behind it? Stock markets typically sell off in times of global uncertainty, and the money that leaves the stock market typically floods into the bond market causing sharp potentially short lived rallies. Any rally in bonds typically converts to lower fixed rates, however this weekend may end up just being a little to complex to gamble with. If you are out looking for a new home this weekend, or still haven’t taken advantage of these rates to refi, call your Commonfund loan officer, and lets get your rate locked in before it is too late.
Posted on: Fri, 14 Mar 2014 19:11:49 +0000

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