Should I Float? Should I Lock? - Daily Update for Monday, September 28, 2009

Mortgage and Lending with Amerisave Mortgage Corporation

Should I Float? Should I Lock? - Daily Update for Monday, September 28, 2009

Here are the daily thoughts on interest rate floating or locking if you are asked by your clients. 

As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation

No economic news due out today.  Markets will be a bit slow (read volatile) due to the religious holiday.  Look for bonds to hold the gain eked out on Friday and rates to maintain their current level.

Look for rates this morning to remain where they closed yesterday when rate sheets are released by Amerisave Mortgage Corporation.

Technically speaking - the FNMA 4.5% 30 year bond has satyed above the 200 day moving average and attempting to stay above support levels.  The bond is coming approaching overbought status.

I am recommending to

   LOCK your best mortgage rate.


To learn why one should Float or Lock -

                          Check out Should I float? Should I lock? & Reasons to Float or Lock


     Rates & Fees Guaranteed

To obtain rates and fees with a $500 guarantee - come visit



This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Mortgage / Finance
Maryland Prince George's County Laurel West Laurel
The Lounge at Active Rain
The Art Of Marketing You
Posts to Localism
mortgage rates
mortgage education
market reports
locking rates
maryland mortgages
mortgage rate guidance

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Matthew Rosov

Certified Mortgage Planning Specialist
Ask me a question
Spam prevention

Additional Information