Thursday, September 21, 2006

Philly Fed Spikes Bonds

Bonds have rallied enormously, punching through the 4.70 support level, after the Philadelphia Fed talked about the stalling economy. We're putting the Potty Post to bed right now, and I have an article in there about refinancing to lower rates, but that article might be a little soft now in light of what's happened today. If you're on an ARM, or your rate is 6.5 or higher you should call me. 801-310-3407.