Pasadena Mortgage Rates Report: October 19, 2007

 Recommendation: Float, but float with caution!

On the Economic Calendar - we have no reports scheduled for release today! As such, we should see bonds take the lead with positive technical signs as demand for them is up.

Though we have no reports to release, today does hi-light the anniversary of "Black Monday;" the largest one-day percentage decline in stock market history!

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Posted Friday Oct 19

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