The head of the National Transitional Council military arm announced on Al Jazeera Arabic that Gadhafi is dead. The report hasn’t been confirmed. Mortgage bonds are weaker at the open pushing rates higher as news out of Europe indicates the euro zone’s bailout facility will be able to buy EU bonds on the secondary market.Continue reading “GADHAFI DEAD?”

Maine Mortgage Market Update 11.22.2010

Mortgage bond prices remain higher Monday morning erasing the losses seen Friday afternoon and more. Rates are receiving support from after Ireland received an estimated $95B euro bailout from the EU and IMF. In addition, lower stocks are also supporting rates. With no economic news set for release today, traders will spend the day watchingContinue reading “Maine Mortgage Market Update 11.22.2010”

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