Tag Archives: BofA

Been a long two weeks, the markets have been volatile, but stable if that makes any sense.  We have seen huge swings but at the end of the day they have averaged out in a pretty consistent pattern.  CPI number hit the wire along with the news spokesholes spamming the outlets about mortgage rates hitting lowest levels in 60 years. Major banks, BofA specifically is still bleeding out uncontrollably we could see a flat line scenario soon.  Mortgage Bonds are off today…my advice is to lock in while rates are at these levels.