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Core - Research Market Commentary Brief Wednesday’s bond market has opened in positive territory as the news about Greece was favorable for bonds today. This comes just a day after news that their bailout had been secured hurt bond prices and pushed mortgage rates higher. Today’s news was that Fitch ratings agency downgraded Greece despite the bailout, meaning that they feel a default by the country is still highly likely. This has helped keep stocks in negative ground as it renews concerns about the impact a default would have on the global economy.

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Updated Mortgage Videos
	Loan Modification A loan modification is the process of changing the terms of your current loan.
	Mortgage still in Crisis? Erica Payne on FOX Business re: Mortgage Crisis 10-20-2010.
	Mortgage Trend Home mortgage rates continue to hit new lows.

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