Florida Mortgage Rates – Midday Update

by Florida's #1 Mortgage Planner on August 14, 2008

Locking Stance:  CAUTIOUSLY FLOATING      Mortgage Bonds:  +6bp

Mortgage bonds are off their highs of the day, so the rally is likely over.  I am going to hold the cautiously floating stance for now, but you can expect me to go back to locking soon as the big picture is still not good as I mentioned earlier today.

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