My New Blog

Apartment Building Financing &

Daily Mortgae Update

 

Good Morning;

 

Today’s video is on the NEW LOAN PROGRAMS.  Today is on New Apartment Building Loans.

http://www.agoodlender.com/myblog

 

Bonds started the day to the upside, but are now trading near unchanged after stepping into negative territory.

The erratic behavior is due to opposing forces tugging at Bonds. Fueling Bonds is the Stock market selloff and financial uncertainty in Europe. But sentiment that the economy is improving is also pressuring Bonds. This makes the market very volatile, and important headlines like today's Initial Jobless Claims--which came in a touch above expectations--do not result in normal market reactions.

Currently, Bonds are overbought and may be ripe for a selloff. Therefore, I recommend locking ahead of tomorrow's official Jobs Report, since there is more to lose than the modest gains that might be made.

 

Rodney Roloff

Director of Sales

CA  DRE #1142903

Cal Coast Financial Corporation

39355 California Street; Suite 300

Fremont; CA  94538

(510) 456-3008

 


Posted by Rodney Roloff on May 6th, 2010 10:09 AMPost a Comment (0)

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