Just a heads up as the 10 year note has taken a turn for the nurse, now off 13/32’s

Just a heads up as the 10 year note has taken a turn for the nurse, now off 13/32’s.  The 30 year bond is down 23/32’s as well, both products of a stock market that’s revved it up a bit.  The Dow is up 180 points while the Naz is plus 44 points.  Mortgage backs are holding steady albeit off 2/32’s.  Typically, if the 10 year note holds at current lower levels, mortgage backs are bound to “catch up.”

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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