When the market watch rolled out this morning, they were speaking of another volatile day in the market. Lenders ended up having to continue extending low rates due to the market conditions. This is not great for them, but good for buyers. Right now, rates are probably the most aggressive we have seen in a very long time.
Just the day before the lender s felt that they would be able to raise rates in confidence that the market would open up high, but even with all the momentum it received it fell just as fast. Is this crazy or what? They keep trying to predict the week ahead, but don’t really know as to whether or not they can whip out that crystal ball to see if they can tell us what is next?
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