Mortgage Blog

QE3, Stock Market, Rate

October 23rd, 2012 11:00 AM by Eric Fang

The stock market is down today. And I think this
is expected. When you have the bad news from GE, MCD,
INTC, GOOG, MSFT, what do you expcet the stock market?
It will go down.

Bit it went down, just because it went up too much
recently.  We can call it correction. So should
we wait, sell or buy? Please read on.

QE3 is a little bit different from QRI & QEII.
One of the main purpose for QE3 is to improve
the employment. Uusally we don't fight with Fed(
We can not say that they are always right).
If that's the case, the us economy should be
back to recovery slowly, we should load some
stocks, those good stocks, those who will benefit
from the good economy.

How about the rate? The rate will still trade in a range.
That's why I float some loans loans and ready to lock
the rates at a later time. But will we see better rates?
No one knows.

Posted in:General
Posted by Eric Fang on October 23rd, 2012 11:00 AM



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