Wednesday, December 17, 2014

Daily Market Report 12/17/14 Provides the mortgage interest rate trends and navigates through the current interest rates for home loans.  Mike Bjork provides this daily service by watching the interest rates in California by projecting his thoughts on the mortgage interest rates forecast.  By trade, Mike Bjork is a Sr. Mortgage Planner.

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UPDATE:  Fed changed wording from "considerable time" to "patient".  They will be monitoring inflation, but overall upbeat over the direction of the US Economy.  They made mention of lower oil prices, but none over Russia's actions with their rates and currency.  Stock Market was satisfied with the announcement.  Pricing for interest rates are slightly up.

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