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Europe Up More Than Nine Percent: Look For Higher Mortgage Rates Today

Mike in Tucson: Bloomberg ChartMay 10, 2010  Bloomberg this morning shows the stock market in Europe up more than NINE PERCENT! 

Our markets will open in a little more than 90 minutes, and you can look for a rally in stocks after the beating the market took last Thursday and Friday.

Look too for mortgage interest rates to rise today as Mortgage Backed Securities sell off.

Rates are still exceptionally LOW by historical standards, but they won't stay there.

  • To my REALTOR friends:  Make hay while the sun shines!
  • To my BUYER friends: If you like it, LOCK it!

I'm Mike in Tucson, your preferred Tucson Mortgage Lender.

NMLS #223495

SUNSTREET MORTGAGE llc ~ Mortgage Bankers, Not Brokers!
Offices in Scottsdale, Tucson, and Nogales, AZ, and Albuquerque, NM.

Reach me any time on my Blackberry (520) 349-9090

Comment balloon 4 commentsMike Jones • May 10 2010 08:15AM
Europe Up More Than Nine Percent: Look For Higher Mortgage Rates Today
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