Mortgage Secrets…Learn What the Experts Say

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May 27th 2008…

Consumer Confidence for April was reported at 57.2%, well below expectations of 61% and the lowest reading in 16 years. Within the report, consumer inflation expectations are at an all-time high, meaning that consumers are seeing inflation as a real threat. This inflationary concern within the Consumer Confidence Report is pushing Mortgage Bonds lower.

This entry was posted on Tuesday, May 27th, 2008 at 9:07 am and is filed under Market Update. You can follow any responses to this entry through the RSS 2.0 feed.

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