The May Twister

by Mike Goblet on May 6, 2010

The market has its biggest one day swing in history. As we spoke about before “Greece” is the word. The Greece debt problems cause panic on the market today. With Greece’s debt problems come problems with the Euro and the world economic recovery. With this concern looming over the market people sought the security of mortgage bonds and thus mortgage rates came back down again today. Rates are amazing right now.

Google+