Florida Mortgage Rates – Special Report

by Florida's #1 Mortgage Planner on November 13, 2008

Locking Stance:  LOCKING     Mortgage Bonds:  -38bp

Mortgage bonds are faltering for the second time today as stocks are rebounding from their lows.  You may still want to float into tomorrow if you think mortgage bonds will rally after the Retail Sales report, but my skepticism based on the charts and last week’s shrug off of the jobs data pushes me to conservatively lock before lenders reprice for the worse today.

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