Cirios Top Five at Ten – 6/15/09

A daily list of the stories YOU should be reading.

5. In the complex world of mortgage backed bonds, the only thing that matters to most of us is the conclusion of this story…mortgage rates may fall soon.

4. Stocks are way down today. Is this the end of a bear market rally or the start of a bull market slide?

3. The homebuilders are still down on the housing market….and thats a good thing.

2. More evidence that commercial real estate is about to really hit the skids.

1. Mortgage modification has not been the silver bullet it was supposed to be.

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