Mortgage Update October 2 2017

“Home loan rates begin the fourth quarter just above all-time lows while Bond prices are modestly higher. In economic news, the ISM National Manufacturing Index surged in September, while construction spending also grew. I am recommending carefully floating but be aware that the Jobs Report for September will be released on Friday and the numbers usually carry a big headline risk. If anything changes I will get back to you. Have a great week!”

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