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Mortgage Market Update 6.25.12

| June 25, 2012 | 0 Comments

The dow is down 166 and 10 yr is back to 1.60. The markets have become very cautious as they are hopeful of something to come from the European summit, however the fact that Greece is sending the number 3 man instead of the number 1 is dashing the hopes of something big to happen. Spain has officially asked for help now and Italy is on deck.  News this week will be slow on the Economic data front, with GDP and mortgage data later this week.

Category: Market Update

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