Florida Mortgage Rates – Evening Report

by Florida's #1 Mortgage Planner on December 11, 2008

Locking Stance: CAUTIOUSLY FLOATING    Mortgage Bonds: +28bp

Mortgage bonds backed off from their highs, showing once again that their resistance level is too strong for them to break, for now at least.  Tomorrow’s Retail Sales may change all of that, or not.

As I have been saying all week, floating may prove beneficial into tomorrow’s Retail Sales report. I will go over more of what happened today and what the numbers show as quickly as I can in the morning (est @ 10am).  The reason is I am off to the airport to fly to Rio de Janeiro tonight, so the morning report will be upon arrival at my hotel room.

Leave a Comment

Previous post:

Next post: