Florida Mortgage Rates – Morning Update

by Florida's #1 Mortgage Planner on June 16, 2008

Locking Stance:  LOCKING     Mortgage Bonds:  -3bp

Mortgage bonds are not off to a good start this week, despite some favorable news in this morning’s Empire State Index.  The data came in below expectations, -8.7 versus the expected -2.4.  With bonds unable to muster strength even with good news, locking remains the stance without a doubt.

I will be getting the Week in Review and Forecast for the Week posts up shortly.  I am currently in Madrid, Spain and had to get some much needed rest upon arrival and just woke up.

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