“Freddie Mac reports that home loan rates were unchanged this week and remain at historically attractive levels. The Bureau of Economic Analysis reported that the final read on second quarter Gross Domestic Product came in at a healthy 3.1% due in part to strong consumer and business spending. I am recommending floating for brand new clients with 30 plus days to close; otherwise borrowers would be wise to lock. If anything changes, I will get back to you.”
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