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Jkatz
355 Posts |
 Posted - 10/13/2008 : 08:35:44 AM
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My bank has put no rates today, and they usually do at 9-10am.
My friends are telling me it's like that everywhere.
Anyone have any insight on this?
Thanks |
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mganovsky
2049 Posts |
Posted - 10/13/2008 : 08:37:04 AM
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| Hello!!! today is Columbus Day a federal holiday all banks are closed. |
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wadeger
362 Posts |
Posted - 10/13/2008 : 08:43:11 AM
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| its alright... same thing happened to me years ago on this same holiday |
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jscorbett
3648 Posts |
Posted - 10/13/2008 : 09:03:46 AM
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| the rates I have gotten today SUCK |
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Jkatz
355 Posts |
Posted - 10/13/2008 : 09:17:56 AM
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OMG...I only go to work 3 times a week, and it's never on a Monday. :)
Well at least it's a paid holiday!
Question - the market is open then why arent wholesalers open? |
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lblusewicz
30 Posts |
Posted - 10/13/2008 : 09:36:34 AM
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quote:
Originally posted by jscorbett
the rates I have gotten today SUCK
Yes they do! |
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jstar
713 Posts |
Posted - 10/13/2008 : 09:49:07 AM
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| I don't believe the bond market is open |
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rtrefflich
3400 Posts |
Posted - 10/13/2008 : 09:55:10 AM
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The bond market is open and the NYSE is tearing it up today.
quote:
Originally posted by jstar
I don't believe the bond market is open
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jstar
713 Posts |
Posted - 10/13/2008 : 09:57:47 AM
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quote:
Originally posted by rtrefflich
The bond market is open and the NYSE is tearing it up today.
quote:
Originally posted by jstar
I don't believe the bond market is open
I stand corrected |
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TheBigGuy
392 Posts |
Posted - 10/13/2008 : 10:17:40 AM
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| Stock markets are open, bond markets are closed. That's why there are no rates. |
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jstar
713 Posts |
Posted - 10/13/2008 : 11:04:43 AM
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quote:
Originally posted by TheBigGuy
Stock markets are open, bond markets are closed. That's why there are no rates.
I have been vindicated |
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financeone
1635 Posts |
Posted - 10/13/2008 : 11:41:25 AM
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Bond market is closed has been closed and will remain closed-today.
quote:
Originally posted by jstar
quote:
Originally posted by TheBigGuy
Stock markets are open, bond markets are closed. That's why there are no rates.
I have been vindicated
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cspatmon
2092 Posts |
Posted - 10/13/2008 : 1:03:21 PM
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| I received a few rates, from our department, Provident and Wells, the rates have improved. |
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Reegor
483 Posts |
Posted - 10/13/2008 : 1:04:56 PM
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What's everyone hearing? Should rates be better when bond market opens back up tomorrow?
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Blackhawks26
25 Posts |
Posted - 10/13/2008 : 1:16:55 PM
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| I think they should... a few days in a row of MBS trending with stocks as investors pulled out of the market completely. If the stock market is getting better due to the rumblings of how the bailout will work I assume we'll get plenty of MBS buyers too. Then again, I could be 100% wrong. |
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