Archive for March, 2012

Mortgage Rates On The Move

As is often the case, good economic news translates to interest rate increases. An upbeat market decreases the demand for less risky investments such bonds which, in turn, drives up the yield on mortgage rates. Declining unemployment (8.3% nationwide) and the future meeting of political leaders to draft a bailout package for Greece appear to be the two main reasons why the stock market and interest rates have been on ...

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