Good time to take advantage of better mortgage pricing
Good time to take advantage of better mortgage pricing. Our next hurdle will be the removal of MBS purchases by the Fed and the elimination of the 8K tax credit. Time will tell.
Good time to take advantage of better mortgage pricing. Our next hurdle will be the removal of MBS purchases by the Fed and the elimination of the 8K tax credit. Time will tell.
Tomorrows 10 year and Thursday’s 30 year bond auctions will tell the tale of the tape. Technically, the market is trading within the range formed since last Friday. We see the action as neutral but cautious.
Concerns over stock price valuations continues to support our market as well. China slowing its economy, Greece going broke, and political policy uneasiness in Washington DC are all giving the stock market a continuing headache.