Here are the daily thoughts on 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.
Little economic news is being released in the early part of the week. Today, stocks appear set for good up-tick and bonds are already off on the day.
Technically speaking - the FNMA 6.0% 30 year bond has bumped up against a resistance level and is in overbought territory.
Therefore recommendation is to
To learn why one should Float or Lock -