Get Your Mortgage Phil

Stocks Tumble this week as predicted and send mortgage rates lower!

I hate to say I told you so but this week was how I saw things happening by looking at the chart of IWM and TLT about a week ago in two of my previous blogs.

See here what I saw looking at the IWM chart.

Here is what it looks like one week later.

 

 

From here a bounce is likely but I don't think we will be seeing new highs any time soon.

 

Mike

Michael Cantwell

Sales Manager & FHA 203k and Conventional Renovation Specialist for Wells Fargo Home Mortgage and Illustrated Mortgage - Palm Beach Gardens, Florida

My website - www.MichaelCantwell.net

My cell 877-226-3517 or  local in Palm Beach County at 561-262-5366

For All the Latest News and Views From Florida and the World Visit Daily -  FL Mortgage

My Outside Blog Florida Renovation Loans

My Active Rain Localism FL Mortgage

Breaking Local News for Palm Beach County Florida - JupiterPalmBeachNews.com

Florida Domains

 

               

1 commentMichael Cantwell • May 09 2010 09:22AM