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FeedRank: 4/10  4/10  Good  ---  viewsmonthly.icontact.com
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Monday, June 23, 2008 --- 58 days ago
If you can't see the newsletter, or would like to view it online, use this link If you have received this newsletter indirectly and would like to be added to our weekly distribution list, use this link A Branch of Republic State Mortgage Provided to you Exclusively by Robert M. Spiegel Certified Mortgage Planning Specialist 2100 West Loop South, Suite 1275 Houston, TX 77027 Office: 713-961-LEND [5363] Fax: 713-893-4962 E-Mail: robert@thespiegelgroup.net Because a mortgage can be more than just another monthly payment For the week of Jun 09, 2008 --- Vol. 6, Issue 24 Last Week in Review "THERE IS NO BARRIER TOO HIGH, NO VALLEY TOO DEEP... NO DREAM TOO EXTREME, NO CHALLENGE TOO GREAT" ~ Charles Swindoll And that motivating phrase was a great motto for last week, as both Bonds and home loan rates ended up being greatly challenged as they dreamed of breaking through technical barriers to attempt some improvement. Lots of intra-week action ensued - but when the dust settled, Bonds and home loan rates rallied in the face of challenges and ended the week very close to where they began. Bond prices and home loan rates started the week to the upside, as Wachovia announced they were removing their CEO and Stocks faced some selling pressure on the news, moving money into Bonds and helping rates improve. But the rally was very short lived, as Wednesday's "unofficial" Employment Report by giant payroll processor ADP indicated 40,000 new private sec ...




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