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
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