Well, we continue to see change. Too bad none of it appears to be helping the consumer. We continue to hope that the monies provided to the major banks will provide the emotional climate for bankers to start loosening the proverbial purse strings.
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Rates will continue to go up. We've already seen rates starting to creep up in the last few days. The yield on the 10 year treasury is now continuously in the 2.70 range (where last week 2.48 was the norm). Expect the yield and the bond market factors to continue to support rising rates. For thos...