A price change for the worse (back to this morning’s levels) is in play

Just a heads up as the mortgage backed securities market is fading ( 1 hour to the close).  Reason being is that stocks have reversed course, down only 27 points after falling as much as 168 on the day.  S & P futures dipped below the 1050 support area but came right back, currently trading at 1060.   A price change for the worse (back to this morning’s levels) is in play.  Wicked and volatile are the markets these days.

About Max Leaman Austin Mortgage

GREAT RATES, LOW FEES, CLOSE ON TIME™ ---- 2012 Ranked #1 Austin Residential Mortgage Lender (Austin Business Journal) 2010, 2011 & 2012 Five Star Professional (Texas Monthly) 2009, 2010, 2011, 2012, 2013 PrimeLending Chairman's Circle Award 2009, 2010, 2011, 2012 Scotsman Guide Top Originator (Top 200 Mortgage Professionals in U.S.A.) Better Business Bureau "A+ Rating" National Lender Rankings (Scotsman Guide): Top Purchase Volume (No. 10) Most Loans Closed (No. 32) Top Dollar Volume (No. 88)

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