Florida Mortgage Rates – Afternoon Report

by Florida's #1 Mortgage Planner on April 6, 2009

Locking Stance: LOCKING    Mortgage Bonds: 9bp

Please accept my apologies for this report being late, but overall it didn’t matter much as data was non-existent today.  News and stocks are the drivers of the markets today.

As we look at the markets today, they have been higher, but are still faltering.  Overall, I remain dissatisfied with markets currently and err on the cautious side.

What does this mean for Florida Mortgage Rates?  Mortgage rates may have ticked slightly lower this morning, but overall, the picture remains on the ugly side, favoring higher mortgage rates for the foreseeable future.

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