By Freddie Marmolejo. www.MortgageLendingStation.com. Your Texas JUMBO | FHA | VA Lender. Let’s Talk (972) 535-5935 nmls# 328534
Mortgage Bonds begin the week near unchanged levels, weighed down by the continuing rebound higher in Stocks. Additionally, the specter of the Treasury selling $96B in Notes and Bonds this week is adding some weight to the Bond Market.
I am recommending locking in the short term, which is measured in a few days to a few weeks. If anything changes, I will get back to you.