Florida Mortgage Rates – Morning Report

by Florida's #1 Mortgage Planner on April 29, 2010

Locking Stance: CAUTIOUSLY FLOATING    Mortgage Bonds: 3bp

Mortgage backed securities finished lower yesterday, but held above their 10-day moving average, thus keeping hopes alive.  More debt downgrades overseas, Spain being the notable one, kept MBS prices from tanking completely.

I will get a better update later, maybe shortly after noon as I am in a conference right now.

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