Mortgage Market Update - Week of July 5th 2010

Mortgage Market Update - This shortened holiday week will feature a very light economic calendar and no treasury auctions. Yesterday, the ISM non-manufacturing index came in lower than the previous month and below expectations leading to a rise in treasury and mortgage prices. The treasury and mortgage markets opened strong again today, but have lost some ground this afternoon as stocks are improving. The weekly jobless claims data will be released tomorrow morning.

 

If you are looking to purchase a home or maybe sell a home in the near future be sure to contact your local real estate expert, Jake Lee 843-240-0431  or visit www.SCRealEstatePartners.com

 

Foreclosures in Myrtle Beach, Pawleys Island, Murrells Inlet, and MORE

Published 07 July 10 11:06 by Jake Lee

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