Archive for April 10th, 2008

10
Apr

interest Rate update 4-10-08 as heard on WAEB am 790

 
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Phil Osborne here with the Lehigh Valley Wealth Center Daily Interest Rate update.

Mortgage rates ended the day slightly higher. Investors seem to be bored with mortgage bonds as appetite shifted to stocks as WalMart and Intel announced solid earnings. Commodities continue to be the latest investment fad as inflation continues to be a problem. The US trade deficit widened more than expected in March and the labor market continues to contract.

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