Economic Report – March 9, 2009
Posted on March 9th, 2009 by katyfamilyhomes.com
Market Review ►A LOOK BACK – Last week the major influence on the mortgage market was the weakness in the stock market. When the stock market is weak money managers move money to the relatively safe haven of bonds and mortgage-backed securities (lower rate of return but lower risk). The Labor Dept. reported a [...]
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Filed under: Economy/Market, Katy Family Homes
