Amid rumors of a pending Greek default and the potential credit downgrades of several Eurozone free credit check online Fairbanks banking groups, safe haven buying picked up and drove mortgage rates down.
Markets open this week with rates lower than theyve ever been in history. There isnt much new data set for release this week so market expectations will continue to set the direction in which mortgage rates go. If concerns for a Eurozone default rise, mortgage rates should fall. Conversely, if Eurozone chatter settles, mortgage rates should rise. For now, mortgage rates remain at all-time lows and should not be taken for granted.
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As of the 1st of free credit check online Fairbanks January 2011, we will be entering into a 4 Universal year. This will bring with it an arduous work load on a global scale.
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