Financial Update by Maurice Soussé

Bond yields are back down to where there were one year ago at almost the exact day. The 10 year yield is at 3.21% keeping mortgage rates quite low!

The job market has improved this year and companies are starting to post some solid earnings. The US economy continues to be far from strong as the European debt crisis continues to be each days discussion. This coupled with unrest in the middle east and the earthquake in Japan shows that we are truly a global economy.
What a blessing to have rates this low heading into the summer buying season.

In the words of William James “begin to be now what you will be hereafter”.