Florida Mortgage Rates – Morning Report

by Florida's #1 Mortgage Planner on November 11, 2009

Locking Stance: CAUTIOUSLY FLOATING    Mortgage Bonds: 0bp

HAPPY VETERAN’S DAY!!!

Take a moment today to remember those whom have given their lives for the freedom of America, and honor them.  Also, don’t forget to honor those whom continue to serve today.  Without them, who knows what language we would be speaking nor what kind of lives we would be having, but chances are we wouldn’t like it.

Mortgage backed securities will not be trading today as the mortgage bond market is closed.  The stock market will be open as usual, and stock futures are currently positive.  That could spell increased volatility tomorrow.  For now, enjoy the day and know that mortgage rates will not change during the day today.

What does this mean for Florida Mortgage Rates?  Mortgage rates will remain unchanged today as the mortgage markets are closed.  The outlook remains favorable for lower mortgage rates.

Leave a Comment

Previous post:

Next post: