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. 

At 2 PM today we will see the minutes of the last Fed Meeting - could be interesting but not necessarily a market mover.  Bonds are looking to possibly improve today coming off the 100 day moving average. 

Technically speaking - the FNMA 4.0% 30 year bond is hovering at a key support level.  Bonds are heading back down towards oversold levels.

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 Wednesday, May 20th, 2009 at 7:32 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.