Good Morning,
A special point of note here from your author: Today is Equal Pay Day, the symbolic day across the country when, on average, a woman's earnings now equal that of a man's for all of the previous year.
In the markets, bonds enjoyed a good day yesterday, as news of the Swine Flu put pressure on Stocks. But Bonds are off their best levels this morning, after testing a tough ceiling of resistance.
In other news, the government's "stress tests" for banks indicated that Bank of America and Citigroup may need to raise more capital. This isn't a major surprise, but does seem contrary to their recent favorable earnings reports. Also in the news, Consumer Confidence for April came in at its fourth largest gain in the history of the survey.
Currently, we are within .125% of the best rates in our nation's history. Each time prices have gotten near this level, they have pulled back lower and home loan rates have moved higher. Therefore, will recommend to lock in our gains now, especially if closing is drawing near (within the next two weeks).
I hope that you enjoy the rest of your day. If there is ever anything that I can do for you, please let me know.
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