Monday, August 1, 2011

Debt deal or Debt Debacle?

Congress supposedly has legislation to end the debt "crisis".  As to whether this contains any real substance or is just political fluff, remains to be seen.  The markets appear to be happy that a resolution is in hand, but I have serious doubts that this one will fix anything.  Rates were down on Friday, but will probably pop back up today on the "good" news.  Get your lock requests in early.


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