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October 15th, 2007

Mortgage Market Newsletter For The Week of Oct. 8th

Just off the presses is Keri Shepherd’s Mortgage Market Newsletter.  Check out the latest news and information on what mortgage interest rates are doing and why.  There is some really good info on what happened due to the adjustment in last months Job Report.  I highly recommend you sign up to receive her newsletter, if you already haven’t.  You can learn a lot!  You can sign up in the upper right hand corner of her newsletter.

Add to the info with Stocks Rally on Fed Minutes, and mortgage rates aren’t doing so hot. 

The Federal Reserve released the widely anticipated minutes of its Sept. 18 policy meeting — you remember, the one that featured the supersized 50 basis point rate cut — and the document said little about the economic situation and the health of financial markets that investors didn’t already know.

Wall Street loved it anyway.

By the way, go here to read the full Fed Minutes.

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Posted by scott on October 15th, 2007 in Lending |

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