Mortgage Weekly Update - Last Week in Review - Rates remain unchanged
Foster Weeks does a weekly mortgage update.===================================
"...Despite all the buying and selling in the malls - the financial markets saw very little action last week, and was far from busy for Bonds and home loan rates. The absence of news and thinly staffed trading desks brought very little activity, with home loan rates unchanged for the week overall.
"...Prices have been relatively stable and have shown little movement for the month of November. But bond prices are near the top of their recent range, so a hotter than expected read on inflation will spell trouble for home loan rates."...read on...
- Foster Weeks
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