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Will we see a market correction soon?
August 16th, 2014 9:36 PM
There are plenty of news recently.

1)
George Soros Made A Huge Bet That Stocks Will Fall. Should
we trust him this time?

2)
Pimco’s Gross Betting $200 Million on Low Interest Rates. And
indeed we have lowest rate in the past 15 months now.

3)I have one client who originally wanted to refinance to 7/1 arm
jumbo 3.125 with no closing cost changed his program to 15 yr fixed
recently. And he will sell the funds to bring the loan amount to 417k.
And I closed another loan with large paying down as well.

So does someone know anything we do not know? I know the job market
is "hot" again in the bay area though.

Posted in:General
Posted by Eric Fang on August 16th, 2014 9:36 PMPost a Comment

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