Phew... at least they aren't going straight up anymore. While the path
of the economy remains in question, rates will hopefully remain flat.
The recent jump in gasoline prices, strong employment, weak
corporate growth... strong internet growth, are examples of
conflicting indicators. Which way will the economy go? Well, as long as
the markets keep trying to figure it out, rates should stay in a narrow
trading range. Keep your fingers crossed.
Weekly mortgage and real estate "worthy" news is available by subscribing
to
the Weekly Wrap-up. To sign on,
Contact Us.