Florida Mortgage Rates – Morning Report

by Florida's #1 Mortgage Planner on September 14, 2009

Locking Stance: CAUTIOUSLY FLOATING    Mortgage Bonds: –12bp

Greetings from RE BarCamp in Miami (#REBCMIAMI).  If you are in real estate somehow, I highly suggest getting to one of these, or other, social media events, but enough about that, let’s get down to the task at hand.

Today does not supply much data, but things will definitely change starting tomorrow.  With only Fed speeches today and some short-term Treasury Auctions, chances are we will not see much movement, except maybe a correction of sorts.  For more on the technical side of things and what lies ahead, I posted my weekly Mortgage Market Update at Lenderama, so check it out right now.

What does this mean for Florida Mortgage Rates?  Mortgage rates may tick slightly higher today, but the outlook remains favorable for steady to lower mortgage rates ahead.

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