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grauteam mortgage update | 2.4.2008 | 30F 5.625% 15F 5.250%

February 4, 2008

Mortgage Bonds have been inversely reacting to the Stock Market volatility.  Since the only upcoming economic reports are not High Impact (2/05 ISM Services Index and 2/07 Jobless Claims [initial] and Crude Inventories) we will be keeping an eye on headline news and the stock market. 

30 Fixed | 5.625% 5.725%apr

15 Fixed | 5.250% 5.350%apr

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