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Plunging Bond Yields Lead Mortgage Rates To an 18-Month Low.

Authors :
Zuckerman, Gregory
Barta, Patrick
Parry, John
Calamba, Shella
Dooley, John
Source :
Wall Street Journal - Eastern Edition. 12/15/2000, Vol. 236 Issue 117, pC1. 0p. 1 Graph.
Publication Year :
2000

Abstract

Reports on the prices of bonds and consumer rates as of December 14, 2000. Description of mortgage rates, which are at their lowest point in eighteen months; Rally in bond prices due to implications that the United States economy is slowing and that the U.S. Federal Reserve will cut interest rates; Recommendations for people who should refinance their homes; Reports on treasury securities and corporate bonds.

Details

Language :
English
ISSN :
00999660
Volume :
236
Issue :
117
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
3874557