Orlando Mortgage Blog

DOW drops 1.21% and price improves on rates

October 28th, 2009 6:24 PM by BILL WILBANKS

 

Worries over just how strong this "recovery" really is after today's housing report turns Wall Street off today. Funny that there really could be a correlation with the $8,000 home buyer tax credit going away November 30 and the large drop in new home sales...duh...hummm. Do you think it could spur the move-up market and values the same way if they opened it up...can't say "them folks were just going to buy anyway...cuz they haven't been".

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Posted in:General
Posted by BILL WILBANKS on October 28th, 2009 6:24 PM

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