Today’s lowest mortgage interest rates are currently below 4.75%. With home loan rates below 4.75% for a 30 year fixed mortgage there many opportunities to save a significant amount of money. Many homeowners have already saved a significant amount of money but there are still many Americans looking to refinance.


Over the last several days we have seen the 10 year treasury rate yield drop below its 200 day moving average. With this being the case it comes as no surprise to see home loan rates under 4.75%. The strong move lower yesterday helped to push rates to new 2010 lows.

When searching for today’s lowest mortgage interest rates it is extremely important to understand that not everyone will qualify for the low rates being advertised. You will need a credit score above 740 and a significant amount of equity in your home to get rates around this level.

It is very important to make sure and do your research before going into this process. By knowing what interest rates are currently available it could help you a great deal to negotiate a more attractive rate for your financial situation.

Author: Alan Lake

Bank of America refinance mortgage rates moved much lower yesterday along with the stock market. Home loans have seen a huge drop below 4.75% as the 10 year treasury rate tanked to the tune of 4% yesterday. With this being the case there are many opportunities to lock into a low rate today.


By doing diligent research you will likely find that there are many mortgage lenders that can help you lock in to a low interest rate today. Is very important to understand that Bank of America is not the only option when it comes to getting an attractive mortgage interest rate offer.

Over the last several months Bank of America has enjoyed a low interest rate environment as they have been able to add new customers each and every day. Customers have greatly benefited because they have lowered their monthly mortgage payments with a lower home loan rate.

Over the next few weeks it should be very interesting to see what happens to mortgage interest rates. With the stock market plummeting today there is a possibility that rates could go down as well with the fears of a grease ballot.

Author: Alan Lake

Asian stock markets look to sell off on Greece bailout worries. At the present time we are seeing the Nikkei down over 4% on worries of not only the Greece bailout but some of the concerns that are involved with the US stock market as well. Even though much of 998 point drop was due to a trader error this is still a concern for many global investors.


It will be very interesting to see how Asian stock markets react over the next several hours as the possibility of a Greece debt crisis is upon us. If Greece must be bailed out by taxpayers of other countries there could be a huge selloff in global stock markets.

Today we saw a drop of over 300 points on the United States stock market and there has been an increased amount of fear as a trader error caused the Dow Jones Industrial Average to plummet nearly 1000 points. While it is the case that much of this drop was an error there are still many fears that there could be a stock market crash in the future.

The movement of Asian stock markets could go a long way to tell us what is going to happen with the global economy over the next 24 hours. With European stock markets opening in the very near future and Asian stock markets already open we will likely see how much Greece will affect the overall global economy.

Author: Heather Best

The European stock markets open is his highly anticipated as there is a strong possibility of great volatility which could include a crash or sell off on fears of the Greek debt crisis. Today the United States stock market saw a huge plunge but much of this was due to a trader error.


With European stocks often digesting United States news information there is a strong possibility that the market could see a strong selloff at the opening. It is especially possible with the thought of the Greece debt crisis firmly in the mind of investors.

Many American traders and workers of the New York Stock Exchange and NASDAQ will have a very long night trying to clean up the trades between 2:40 and 3:00 PM Eastern. There was a trader error which sent the stock market reeling to the tune of 998 points on the Dow Jones industrial average.

Instead of typing million the trader typed billion which in turn sent the stock market down 900 points rather than 300 points. This trade was a mistake on the Procter & Gamble stock which was sent down over 30% in a matter of minutes. The NYSE CEO says that the Procter & Gamble stock trades will not stand.

With many European investors trying to digest all of this information it will be very interesting to see how European stock markets open. With a crash or selloff possible we could see huge volatility of the next several days and both European stocks and United States stocks.

With the biggest single day drop ever on the New York Stock Exchange, 998 points, it could lead to some very strong fears of a possible sell off of global markets. The open of the European stock markets could tell us a lot as to where we are headed in the very near future.

Author: Tiffany Mann

The NASDAQ and Procter & Gamble trades that happened between 2:40 and 3 PM today will be canceled. While the stock market today saw a drop of 998 points before recovering to only closing down 327 points many traders were very worried about a Greece bailout.


After trading today we learn that the NASDAQ and Procter & Gamble trades were canceled between the time of 2:40 and 3 PM. It will be very interesting to see how they sort out the situation as there are many people who made and lost a significant amount of money in this 20 minute period.

It is very likely that some traders made multiple millions of dollars which would have allowed them to retire on a simple 20 minute period of their lifetime. Now that the trades will be canceled it will be interesting to see how things are sorted out.

Unfortunately for many of those who work on the NYSE and NASDAQ trading floors it is going to be a very long night. While it was only a 20 minute period it will take quite some time to clean up all these trades and decide which amount of money will be granted to which traders.

While all this is going on the European markets will open with the idea of a Greece bailout firmly in the minds of many investors. It will come as no surprise to see a huge drop in many of the European markets. Unfortunately, things could get very bad in the near future as the word bailout brings fear to stock markets.

Over the next several months we are going to learn a lot about the overall global economy. Can the global economy keep up with the bailout of several European countries or is there another large downturn coming in the near future? No one knows the true answer to this but it is likely to lead to a very volatile market over the next quarter.

With the NASDAQ and Procter & Gamble trades being canceled and the European stock markets set to open in the near future is going to be a very interesting night for those who have any money in the stock market or are involved in any type of overseas stock trading.

There will be many traders who are staying up all night trying to clean up the errors that were created and this could cause a very long weekend. Some are comparing the upcoming weekend to that of the pre-Lehman Brothers bankruptcy which we all remember as one of the longest weekend in stock market history.

Author: Alan Lake

Greece bailout fears push the US Stock Market lower but the 998 point drop was partly due to a trader error. ?The European debt fears along with an error between one billion and one million sent the stock market reeling down over 8% at one point in trading. ?Over the next few trading days it will be interesting to see how things turn out.


The thought of a Greece bailout has really caused an uproar from many Americans. ?With Americans against a US bailout we can just imagine how they are going to feel about a Greece bailout. ?The sad part about the entire Greece issue is that Portugal may be next.

Many analysts have felt that the entire continent of Europe is going to be a huge problem, much like the United States two years ago. ?With several countries need a bailout there could be huge losses in multiple stock markets over the next few months and possibly even years.

Just a few days ago Peter Schiff was on the news talking about a possible breakdown in multiple economies as things have not gotten better as many people believe. ?He feels that after Greece Portugal will falter and many other European countries will need some type of a bailout.

Unfortunately the global economy is not strong enough to deal with these issues right now. ?Although a 998 point drop is not completely true with much of it coming as part of a trader error, there still may be room to drop. ?If the Dow Jones Industrial Average goes below 10,000 in strong selling there might be huge concerns ahead.

With European debt being a huge problem at the present time many Americans are afraid to keep their money in the US Stock Market. Over the next several months it will be very interesting to see if traders keep their money in US equities or if they decide to go with safer investments.

Today we saw the price of gold shoot up over 30 points which is no surprise at all. ?What makes gold an even more attractive investment at the present time is that it recently hit a 2010 high which is a very bullish sign. ?With gold well above its 50 and 200 day moving averages there are many investors that are interested.

With stock markets plummeting and gold shooting higher many investors and main street Americans will feel the urge to pull their money out of the things going down and put it into investment vehicles that are going up. ?If gold shoots up over $1300 a true Gold Market bull might be running.

With that being said there are still many great opportunities in the US Stock market. Traders that were sitting at their desks between 2:40 and 3:00 pm today saw many great stocks at extremely low prices. ?Some very strong stocks with great fundamentals were down 10% and even 20%.

Unfortunately, most Americans do not have the gumption to take on the huge amount of risk that is associated with a 1000 point drop in the overall stock market. ?Those who had the courage to get in could have made the trade of a lifetime. ?Some traders might be able to retire when all is said and done.

We are now hearing word that the NASDAQ is going to cancel all orders between 2:40 and 3:00 that were 60% above or below normal trading at that time. ?There is also word that the Procter and Gamble trades that stemmed this selloff will be cancelled as well. ?It will be very interesting to see how this all works out.

Over the next several trading days the topic of a Greece bailout could push US stocks much lower. ?The idea of a 998 point drop is very scary but there is always the possibility when the word bailout is used with any nation. ?The European stocks markets are likely set for a wild ride in just a few hours which could continue to make things very interesting.

When the European stock markets open it will come as no surprise to see a huge drop before some stability. ?Hopefully it will not be so severe that they have to halt trading but at this point anything can happen. ?This is turning out to be a very crazy weekend much like the weekend of the Lehman Brothers bankruptcy and the buyout of Morgan Stanley.

Some Wall Street workers will not sleep over the next 48 hours as this is a very crazy time. ?With that being said, over the next few trading days many millions of dollars will be made one way or the other. ?The possibility of a Greece Bailout and another US Stock Market crash leads to opportunities somewhere the question is “where are those opportunities?”

Look for some very interesting opens on the European markets in the next few hours. ?With a Greece bailout on the minds of many it could lead to a huge drop. ?Unfortunately no one knows what will happen, we will just have to wait and see.

Author: Heather Best

Many people are interesting in the stock market crash of 998 points. ?In afternoon trading Procter and Gamble was down over 30% on a trading error in which a trading made a keystroke error typing billion instead of million. ?This sent the stock market reeling down almost 1000 points.


Shortly after that point the stock market “crash” was over, in more words or less, as the market recovered to only down 300 points. ?There were many buying opportunities due to the keystroke error but traders had to be quick on their toes as these opportunities did not last very long.

Over the next several days it will be very interesting to see how the overall stock market reacts. ?Many people were comparing the stock market crash of 998 points to that of the crash of 1987. ?Things are a little bit different today as there are computer programs set up to halt trading for 30 minutes if the stock market is down over 10%. ?Many felt that we were very close to that point today when to market was close to being down 1000 points.

The stock market crash of 998 points will continue to be a very interesting stock. ?With Procter and Gamble down over 30% at one point many people had the opportunity to make the trade of a lifetime. ?Expect to see many books and editorials about this day on news stands in the very near future.

It is now being reported that the NASDAQ is going to cancel all trades more than 60% above or below market between 2:40 and 3:00. ?The stories continue to get more and more interesting as the day progresses. ?Many traders either made a ton or money or lost quite a bit down to the stock market crash of 998 points.

Tomorrow will get very interesting as many small traders will be very worried what to do with their money. ?Unfortunately things could get even more volatile over the next few days as the Greece debt situation is not getting any better and many Americans feel as if our tax dollars are going to end up paying for the Greece bailout.

Another stock market crash of 998 points is highly unlikely but anything can happen at this point. ?Procter and Gamble taking another hit of 30% would shock America and would likely send the stock market in a tailspin once again. ?The trading error that was made is currently being researched and hopefully this disaster will be cleaned up very soon.

If traders had the opportunity to sit at their desk for this 20 minute period between 2:40 and 3:00 it would have been quite the roller coaster ride. ?The different in being down 998 points and being down 327 points is night and day and there were many opportunities to cash in on. ?The question remains “who made money and who lost money?”

Over the next several trading days we will get to hear a lot about the 20 minutes of mayhem that went on on the New York Stock Exchange trading floor. ?With a stock market crash of 998 points almost everyone with any money will be interested in this subject over the next several days.

Author: Jeremy North