Florida Mortgage Rates – Afternoon Update

by Florida's #1 Mortgage Planner on June 13, 2008

Locking Stance:  LOCKING     Mortgage Bonds:  0bp

Apparently Friday the 13th is not a good day for bonds.  Since my update this morning, bonds have dropped to where lenders who re-priced for the better are going to re-price for the worse now.  Momentum is clearly not in the right direction, so I am going to revert back to a locking stance as the week draws to a close.

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