Florida Mortgage Market – Forecast for the Week

by Florida's #1 Mortgage Planner on March 23, 2008

First, let me say that Solid Rock Mortgage Corporation will be closed for this week (March 24-28) as we take a vacation.  As such, Florida Mortgage Daily will not be posting daily updates this week.  We will continue next week.

As for the week ahead, we know that you rely on our updates to decide to float or lock.  We recommend locking unless you have another source of timely information.  Below is what we expect for the week…

The week ahead will likely keep volatility in play as we are loaded with data.  The data will cover the spectrum, from housing, overall economy and inflation.  By far, the main event for the week will be Friday’s PCE report.

We expect that inflation will take control of the markets going forth and that bonds rates will be higher before the week is out.  Check out the Mortgage Market Update at Lenderama for more details.

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