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Mortgage Morning Outlook

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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.


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Chad VonHoven has written 12 articles on Real Estate Financial – Get a fast qoute

Chad VonHoven has been involved in commercial and residential mortgage lending for greater than 10 years. He is a graduate of Georgia Tech and an accomplished Airline Transport Pilot.

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