We will start the day carefully floating as prices are off their worst levels, but be ready to lock. The 25-day moving average resistance level has halted the mortgage bond’s gains over the past week. On a positive note, the a layer of support has helped Bonds remain near current levels. But get ready – should the Bond fall beneath the nearby support level, the price losses could be significant and very swift.
- As Treasury yields go, so go mortgage rates
- Buying HUD Foreclosures – REO Properties
- Home Affordable Refinance Program
- How Recent Market Changes Can Affect You
- Introducing New Refinancing Solutions
Chad VonHoven has written 5 articles on Real Estate Financial – Get a fast qoute
