TX & California: Mortgage Rate Lock Alert November 5, 2013

Freddie Marmolejo NMLS# 328534. Let’s Talk. (512) 799-0133 Your Texas and California FHA | VA | JUMBO |Reverse Mortgage Depot! MortgageLendingStation.com

Mortgage Bonds continue to trade in a sideways to lower pattern as traders show caution ahead of Friday’s delayed Jobs Report for October. MLS photo

In economic news, the ISM Service Index came in better than expected and sent Mortgage Bond prices below a key technical support level.

Due to the drop below support, I am recommending to lock your mortgage loan rate transactions, which is measured in a few days to two weeks. If anything changes, I will get back to you. For your mortgage rate quote request or if you’d like to discuss a loan scenario with me simply fill this out form ==>

Brought to you by Mortgage Market Guide

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