Mortgage Update April 11 2018

“Heightened tensions over Syria between Russia and the U.S. are boosting Bond prices this morning and pushing Stocks lower. The Mortgage Bankers Association reports that home loan rates edged lower in the latest week and remain historically attractive. The closely watched inflation reading Consumer Price Index for March declined for the first time in 10 months. I am recommending floating but sentiment can quickly reverse. If anything changes, I will get back to you.”

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