This is a brief and humorous look at why the mortgage market crashed and burned.

I don’t remember where I originally got this, but it was printed and was done with stick figures. I was playing around with Comic Life and thought this would be a fun little project.

Enjoy.

 
Thursday’s bond market has opened in positive territory following early stock weakness. The stock markets are giving back some of yesterday’s late gains with the Dow down 90 points and the Nasdaq down 19 points. The bond market is currently up 8/32, which should improve this morning’s mortgage rates by approximately .125 of a discount [...]