Florida Mortgage Rates – Special Report

by Florida's #1 Mortgage Planner on August 7, 2008

Locking Stance:  CAUTIOUSLY FLOATING     Mortgage Bonds:  +28bp

Mortgage bonds are rallying on the heels of the Treasury Auction, where the auction again went better than expected.  I am switching to a cautiously floating stance at this point as it appears bonds will finally make that move to retest their resistance levels.

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