Florida Mortgage Rates – Special Report

by Florida's #1 Mortgage Planner on September 8, 2008

Locking Stance:  LOCKING     Mortgage Bonds:  +88bp

Most lenders have already priced their loans for today, and their is a bit of profit taking going on.  This report is to advise you I am going back to a locking stance for now, though the rally may resume again. 

The reason I am switching is that you can lock lower rates this morning and avoid further volatility.  If you can stomach the volatility and can afford a little more cash outlay if floating doesn’t pan out, you can float.  From here, I feel locking is in your best interests.

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