Gotta love ZERO RISK in the SP500 = $$$

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Went long at 2789
Not my own call though. No idea why that was a long, but the guy who called is damn good so worth a shot to try to get me green for the day
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Ouch.....looks like housing sales are going to slow a bit.....people got so used to low mortgage rates that anything higher than 4.25% is like extreme!!! 4.5% is like mt Everest!!!!





Mortgage rates jump even higher after positive jobs report

  • The average rate on the 30-year fixed is now at its highest level in 4 years, about 4.5 percent.
  • For some borrowers on the margins, they may no longer even qualify for the loan.
  • For those out house-hunting already, the higher rates will only add to the weakening affordability in the market
Diana Olick | @DianaOlick
Published 58 Mins Ago
 
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