Over the last 6 weeks, the S&P has fallen 6.8%, while the Dow is down 6.7%. The Nasdaq and Russell 2000 have dropped even worse, losing appx 8% and 10% respectively since the beginning of May; along with the Global Dow, both have now given up all their year-to-date gains. However; the yield on 10-year Treasuries remained under 3%....thats good news for mortgage rates!!!!!!!!!!!!!
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