10 September 2009 ? The bond market is enjoying a nice rally right now and we should see rates improve this afternoon this is due to today?s $12 billion 30-year bond auction. The auction received an A+ rating from CNBC?s Rick Santelli. No major reports are due out again until Tuesday, September 15th which is when the retail sales report comes out. The retail sales report tracks the dollar value of merchandise sold by retailers to consumers. The results of this report can have a significant impact on rates.Email This Post To a Friend.
Mortgage Rates May Improve Based on 30-year Bond Auction
September 10, 2009
Subscribe to our e-mail newsletter to receive updates.