Financing Homes in Lake Tahoe and Truckee since 1992.

Incline Village Mortgage Loan Rates and Incline Village Home Loans – Morning Update – August 30, 2013

 Incline Village Mortgage Loan Rates and Incline Village Home Loans:

“Today marks the unofficial last trading day of the Summer as the end of the month comes to a close.

Mortgage Bonds are trading near unchanged on tame inflation numbers and a decline in Personal Incomes and Spending.

The month has not been too kind to Stocks. The S&P 500 has fallen 2.7% for the month and down 4.1% since the all-time closing high of 1,709 hit on August 2. The talk of tapering and profit taking the catalysts behind the move lower.

Category: Interest Rate