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2010
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Yesterday's close caused a technical condition which could forebode dire changes in the stock market. The 50 day moving average crossed under the 200 day moving average causing condition called a "Death Cross". The last time such a technical crossover occured was in December 2007 just before th...
07/01/2010
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Mortgage backed securities closed up 6 basis points today at 101.34 once again bottled up between the two highs recorded more than 18 months ago. As a result, at the right moment, one could lock in a 30 year fixed rate of 4.50%. A home buyer or refinance borrower who really wants to save money...
07/01/2010
