Mortgage Update October 3 2017

“Home prices continue to edge higher due to the ongoing theme of a limited amount of homes for sale on the market, as reported by analytics firm CoreLogic. In addition, the current low home loan interest rate environment is also helping to buoy the housing market. I am recommending floating brand new clients with time to close, as Mortgage Bond prices are slightly higher, but seem to be on shaky ground. If anything changes, I will get back to you.”

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