Just a heads up as both the 10 year note and mortgage backs are negative on the day

Just a heads up as both the 10 year note and mortgage backs are negative on the day.  Another outside down day in the making (futures close at 2:00 cst) which will add bearish sentiment to our bias.  Stocks reversing course and going positive (Dow up 20) is putting additional pressure on fixed income yields.  Austin mortgage borrowers are advised to play defensive.

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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