Orlando Mortgage Blog

Election Day Market

November 2nd, 2010 10:36 AM by BILL WILBANKS

    

The 10 yr bond closed at 2.6248% yesterday and is down to 2.592 a few moments ago. No reports are due out today to have an effect either way. We would normally expect "no change" to a "0.125% point drop or more" based on that, but after yesterdays similar points bump the stock market is up 77.16 at the moment and lenders pricing apparently is being driven by that to start. What to do...what to do?

 

Posted in:General
Posted by BILL WILBANKS on November 2nd, 2010 10:36 AM

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