Rate Update Feb 20, 2008
You Tube link to see rate update video: http://www.youtube.com/watch?v=h1_qEX3Ye34
Yesterday marked the single highest increase in mortgage rates in a single day in over two years. I have posted the bond chart from yesterday showing the huge dip in prices we experienced (135 basis points).
So what is the cause of this increase to mortgage rates?
Watch today’s you tube video to find out…..