Florida Mortgage Rates – Afternoon Report

by Florida's #1 Mortgage Planner on April 21, 2010

Locking Stance: CAUTIOUSLY FLOATING    Mortgage Bonds: +19bp

Well, it is like déjà-vu all over again as MBS prices are trying to rally again.  I will report more later, but I am engaged in other business, so this report is just to keep you aware of my stance.  One warning is that the long-term outlook has not changed significantly, so this move may end up being a head fake only.

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