Bind Mortgage News Today

Prices. those drove up consumer prices .6 of a point. industrial production fell by 1.2%. the most in three years. the dow finished up the week by gaining 53-1/2. the s&p 500 was up 6. the nasdaq ended 28 ahead. the egan jones credit rating agency downgraded the rating on u.s. debt one level from a.a. to a.a.aa.-minus. it says the federal reserve plan to bind mortgage bonds each month will hurt the u.s. economy, reduce the value of the dollar and raise the price of oil. as we told you, the u.s. ...