Not in 50 years of tracking mortgage rates has pricing been so favorable. Last weeks holiday-shortened week didnt begin well for rate shoppers in Mauldin. Rates moved higher on the expectation of additional economic stimulus from two separate parts of the government the Federal Reserve and Congress. Wall Street held high hopes for Ben Bernankes address to the Economic Club of Minnesota, and for the Presidents address to a joint session of credit check free Illinois Congress.
It expected Fed Chief Bernanke to reveal clues about the Feds next move; and it expected the President to unleash a massive jobs creation program that would put more Americans to work. Both outcomes would have harmed mortgage credit check free Illinois rates as money flowed into stocks. However, neither happened. Bernanke kept mum on the Federal Reserves options and the White House announced a jobs program smaller in scope than was expected. how to order free credit report Mortgage rates fell throughout the day Thursday then received a big credit check free Illinois boost Friday. Amid rumors of a pending Greek default and the potential credit downgrades credit check free Illinois of several Eurozone banking groups, safe haven buying picked up and drove mortgage rates down. Markets credit check free Illinois open this week with rates lower than theyve ever been in history. There isnt much new data set for release this week so market expectations will continue to set the direction in credit check free Illinois which mortgage rates go. free copy of credit report If concerns for a Eurozone default rise, mortgage rates should fall. Conversely, if Eurozone chatter settles, mortgage rates should rise.
For now, mortgage rates remain at all-time lows and should not be taken for granted. If you see credit check free Illinois a rate that makes sense for you, consider locking it in. Tagged with Eurozone, Fed Chairman Ben Bernanke, Jobs Report. Psychic Reading Congratulations on choosing credit check free Illinois the Universal Psychic Guild the largest Psychic Guild in the world. Universal Psychic Guild provides accurate psychic readings about life, love and success and immediate answers to your questions to make you happier and more successful in every aspect of life. credit reporting agencies Experience the gifts of the best psychics in the world. Try our Online Psychic Reading now! 2011 Numerology Forecast - Click here to credit check free Illinois see how the Universal Year will affect credit check free Illinois each Life Path Number.
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