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Monday, June 26, 2006

Interest Rates Move Up!

The chart below shows how Mortgage Bond prices have been progressively worsening, which in turn means home loan rates have been rising. But you can see how they are now hitting a tough technical "floor" of support that may help them gain some ground higher and bring improvement to home loan rates. Because Bonds tend to rise in price when negative economic news hits, the heavy news week ahead will provide some opportunity for that to happen.


Bob Schwartz is a Certified Residential
Specialist, San Diego real estate broker co-owner of websitetrafficbuilders, an Internet search engine optimization firm specializing in domain name registration & Internet domain website hosting Bob is an expert witness for major San Diego law firms, and directs a multi-state high traffic network of legal directory sites. You can also apply for free, web site awards that add credibility (and a link back) to your site, visit:web site award today.

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