Florida Mortgage Rates – Midday Report

by Florida's #1 Mortgage Planner on September 19, 2008

Locking Stance:  LOCKING     Mortgage Bonds:  -69bp

Mortgage bonds remain beat up and below support at this time as stocks remain in rally mode.  Stocks are off their highs and mortgage backed securities are off their lows, but it remains apparent at this time that bond pricing will close below support as the news has been mostly digested by this time.

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