Florida Mortgage Rates – Fed Report

by Florida's #1 Mortgage Planner on January 27, 2010

Locking Stance: LOCKING    Mortgage Bonds: –19bp

OK, I would typically write something regarding the FOMC Policy Statement and rate decision, but I am not going to do that here this time.  The reason is that I already did it on the new website, MBS Commentary

And what about those rate alert services that told you to float this morning and are now scrambling to issue their lock alerts.  In my opinion, if they truly understood the charts themselves, they would have been in a locking stance already, just as I have been.  Anyhow, if you want to see what I had to say about the FOMC Announcement, here is the direct link.

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