Articles About Italy
- Author:
- Mike Ochs
- Posted:
- 06.08.2010
PIGS Financial Uncertainty Good News for U.S. Homebuyers
If you’ve noticed a recent drop in mortgage interest rates, thank the PIGS’ (Portugal, Italy, Greece and Spain) troubles, which are causing jitters in the globe’s equity markets. Seeking a safe haven, investors are putting their money into U.S. Treasury notes. Because mortgage interest rates tend to rise and fall with 10-year U.S. Treasury note […]