Freddie Marmolejo NMLS# 328534. Let’s Talk. (512) 799-0133 American Nationwide Mortgage. Your Texas and California FHA | VA | JUMBO |Reverse Mortgage Depot! MortgageLendingStation.com
After dropping yesterday, Mortgage Bonds opened higher, but quickly gave up those gains after a much better than expected report from the Chicago PMI.
Over in housing, CoreLogic reported that completed foreclosures dropped nearly 40% in September compared to a year ago. However, the completed foreclosures in August were much higher than the average number completed in the months between 2000 and 20006.
I am recommending to float your mortgage rate as I watch a key technical layer of support. If anything changes, I will get back to you.
Your Trusted Mortgage Advisor: Freddie Marmolejo email@example.com American Nationwide Mortgage Company NMLS# 13392
Brought to you by Mortgage Market Guide