Rate Update Feb 22, 2008

You Tube link to see rate update video: http://www.youtube.com/watch?v=8e4chKAMLqA

The volatility ion the bond market has been unprecedented over the past few days. From Jan 22nd to today rates have increased from 5.00% up to 6.25% and now back down to 6.00% for 30 year fixed rates.

Watch today’s you tube video to see what is on tap to impact mortgage rates over the next week…..

Current Outlook: neutral

The views and opinions expressed in this site are those of the author(s) and do not necessarily reflect the official policy or position of Cherry Creek Mortgage Co., Inc. This is for informational purposes only. This is not a commitment to lend.