Mortgage Education with Matthew

Here are the daily thoughts on floating or locking if you are asked by your clients. 

As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation. 

No scheduled economic reports due out today.  Even with an apparent uptick in the start of the stock market, bonds are attempting a run at the nearest resistance level.  (Though without significant meaning or support “resistance is futile”.

Technically speaking - the FNMA 4.0% 30 year bond is hovering at a key support level.  Bonds are neither overbought nor oversold.

I am recommending to

   LOCK your best mortgage rate.

 

To learn why one should Float or Lock -

                          Check out Should I float? Should I lock? & Reasons to Float or Lock

 

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     To obtain rates and fees with a $500 guarantee - come visit

 

 

Tags: Lock Or Float, locking rates, mortgage education, mortgage rate guidance, mortgage rates

This entry was posted on Monday, May 18th, 2009 at 7:44 am and is filed under Lock Or Float. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.