Texas & California: Mortgage Rate Lock Alert for November 12, 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 start the holiday shortened trading week slightly higher after the big decline last Friday following the surprisingly strong jobs report.

Rate Lock

There are no economic reports due for release today, but the Treasury will be selling a boatload of government securities this week, beginning today, and the results could impact Bond trading.

I am recommending to float your mortgage rate to start the week. But as always, sentiment can quickly reverse. If there are any changes, I will get back to you.

Brought to you by Mortgage Market Guide

 

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