Monday, October 13, 2008

Columbus day mark a glimmer of hope for stocks and interest rates?

Happy Columbus Day!

Stay tuned for round two of the bailout feedback here on our little blog.

Stock Markets are set for a bit of a rally as global meetings over the weekend addressed the global recession concerns.

Rates rose last week from 5.875% to 6.125% on a 30 year fixed! Generally when stocks do well interest rates rise... so what does a small rally mean for rates today? Stay tuned and we'll keep you up to date as the information begins to roll in today.