Monday, July 21, 2014

Market Update by Jen Hernandez 7/21



Be sure you're checking our Facebook and Twitter pages for weeks' videos about a time saving tip, and a deal we saved by closing in under 30 days!

In the Markets:

Rates calmed down last week after the turmoil abroad from the horrific tragedy of the plane being shot down over the Ukraine. Investors quickly turned to safer assets (ie bonds), and that lowered the yields a bit.

When a conflict breaks out which could affect global markets, investors generally respond with a "flight to safety". Uncertainty created by the threat of escalation causes investors to reduce the level of risk in their portfolios. This typically involves shifting from stocks to relatively safer assets such as gold and bonds, including mortgage-backed securities (MBS).  

Until next time!

~Jen

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