Mortgage rates dropped – along with stocks and bonds
Wednesday, July 16th, 2008 at
2:10 am
With all of the anticipation of the credit crunch underway and news of Fannie Mae needing bail out money to stop the bleeding and weakening of our economy mortgage rates dropped right along side stocks, bonds and mutual funds.
Also with the news that mortgage giant Indy Mac would originate and close it’s last lone by Aug 15, 2008.
Get the real inside scoop here http://bankrate.com/brm/news/mtga/July1008_mortgage_analysis_a1.asp
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Tagged with: banking • bonds • Interest • land • land banking • mortgage • rates • Ryan • Ryan Wegman • stocks • wegman
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