Michael DeChristofano's (mldoo7) Blog

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Mortgage and Lending - American Financial Resources, Inc.
RECENT BLOG POSTS
The stock market opened +102 points on the DJIA, the 10 yr note at 9:30 off 10/32 at 2.98% with mortgage prices -1/32 (.03 bp). As we have noted for the past few days the markets (bonds, mortgages, and equity markets) all over-extended and overdue for reversals. Not a trend change though, just th...
07/06/2010
   The headline this evening in the newspapers will be that the unemployment rate declined from 9.7% in May to 9.5% in June; the sub-text however isn't that cheery, the labor force decreased by 652K. Non-farm jobs declined 125K about what was expected, 225K jobs were cut from the census workers ...
07/02/2010
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