Florida Mortgage Rates – Special Report

by Florida's #1 Mortgage Planner on September 30, 2008

Locking Stance:  LOCKING     Mortgage Bonds:  -53bp

Well, stocks managed to get bonds to break through the floor of support.  We will have to see whether they can get back up, but since support is broken, I have to switch stances. 

Moving forward, the picture gets fuzzy again as emotions are always hard to figure out.  I will let you know what the charts predict later, but keep in mind that Friday’s jobs data will likely favor bonds.

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