Excerpt from: Flagstaff Mortgages
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| July 09, 2008 | | Dow Jones off -221.62 at the close. | Today, we continued to see the bond market improve to the best level since mid-May. If you have a home mortgage loan closing in the next 45 days, Lock it Now. As fast as the improvement has happened, it can turn downward again in this market. The Bond Market ended the day up again 31bp's today which means that home loan rates should be even a little bit lower tomorrow. Have a great day and lock your loan. | |
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