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Tucson Mortgage Update

October 16, 2011 by James Servoss Leave a Comment

John Saavedra Fairway Mortgage

 

Interest rates ticked up just a bit this week as problems in the Euro zone seemed to ease.  Slovakia agreed to ratify the Euro rescue fund, and Greece came up with a plan to have investors take a principle reduction on their investments to help their problem.  Stocks rallied most of the week to get closer to ending the year flat which helped investors pull money from bonds and put their money in stocks. When bond prices go down, interest rates go up.

 

John Saavedra

5151 E Broadway Blvd, Suite 1700 Tucson, AZ 85711

Office- 520-749-3900

Cell-  520-331-4060

Fax-  520-760-7335

www.JohnSaavedra.com

Filed Under: Mortgage Update Tagged With: fairway mortgage, interest rate update, john saavedra, tucson mortgage update

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