Mortgage Update January 12 2018

“Mortgage Bond prices are modestly lower this morning after a hotter than expected inflation report. Home loan rates edged a bit higher this week though they still remain historically attractive. I am recommending carefully floating but be aware that sentiment can quickly reverse. If anything changes, I will get back to you. The U.S. capital markets and banks are closed on Monday in observance of Martin Luther King Day. Have a great long weekend!”

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