Mortgage Update April 3 2018

“Mortgage Bonds are lower as Stocks try to rebound after yesterday’s plunge. There were no economic reports scheduled for release today. In housing news, CoreLogic reports that home prices produced some frothy gains from February 2017 to February 2018 due in part to limited homes for sale on the market. I am recommending floating, but be on guard for a reversal lower in Bond prices. If anything changes, I will get back to you.”

Posted in Uncategorized.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>