Mortgage Rate Lock Recommendation: February 25, 2014

By Freddie Marmolejo. www.MortgageLendingStation.com. Your Texas JUMBO | FHA | VA Lender. Let’s Talk (972) 535-5935 nmls# 328534

Lower Stock prices coupled with mixed economic data are pushing Bond prices higher this morning after the S&P 500 hit an intraday record high yesterday.

The Case Shiller Home Price Index year-over-year saw its best year in 2013 since 2005, but the Consumer Confidence Index fell in February from January.

I am recommending cautiously floating to see if prices can push higher on today’s upward momentum. If anything changes, I will get back to you.  

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