As predicted last week, Lehman Brothers filed for bankruptcy after not being able to find buyers for it’s businesses. This action has raised significant concerns in the financial sector and has many fearing that more collapses could be coming soon. The Bond Market is benefiting from this news as investors are seeking a safe haven from the volatility. Whether this spike will continue is unknown at this time, but the gloom and doom has lead to a downward trend for mortgage rates. If you have been sitting on the fence, now is the time to act.
Wow, Georgia Mortgage Rates Drop!
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