Chris Leal's (yourmortgagebanker) Blog

I have been watching the Bond Market for the last month or so.  The best way to describe it is a roller coaster on about January 22 2008 the rates hit a four year low. After that they started to climb upward through February.  Finally they came back down in the last week of Feb. Not as bad as the...

WASHINGTON - Federal Reserve Chairman Ben Bernanke pledged Thursday to slash interest rates as needed to prevent housing and credit problems from plunging the country into a recession. Also CNN Announced that Credit Card Companies will soon raise their interest rates to 30% or Higher. Now may be ...