Tuesday, August 24, 2010 - Article by: James Brooks -
Tuesday's bond market has opened in positive territory after news of a large drop in home sales. The stock markets are reacting negatively to the news with the Dow down 81 points and the Nasdaq down 22 points. The bond market is currently up 18/32, which should improve this morning's mortgage rates by approximately .250 of a discount point. For more Blogs go to http://www.metamerica.co/Blog
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