The market is relatively flat this morning ahead of Bernanke’s testimony to the Senate Banking Committee today. It is expected that Bernanke will be reiterating that rates will remain low for a while. In terms of economic releases, MBA’s mortgage application index came in higher at 7.6%, being that record low rates have boosted refinancing.
Subscribe to Zing! blog
Want to impress your friends and family with the knowledge we'll drop on ya?
If so, subscribe now for tips on home, money, and life delivered straight to your inbox.