Volatility

Well, if you like volatility this week you must be loving the bond market (rates).  Yesterday, we had not one but two alerts that there may be a intra-day reprice for the worst and today we have had one for the better.  Isn't it nice to know that there is a Mortgage Consultant out there that knows these types of things.  I had the displeasure of hearing of a LO tell a customer that rates would likely go down since Big Ben lowered the rate.  Uh, she was wrong and I happy to you that her client is now her former client and she now has me to managing her mortgage.    

I get updates several times every market day on what the bonds are doing and it is a service that I pay for and I use to make sure that I am getting the best deal for my client and referral partners whilest I manage thier mortgage.  If you have any questions feel free to give me a call or shoot me an email.  I will gladly share with you my knowledge in the bond market and whether or not you should float your loan. 

I am Dave Woodson, your mortgage consultant for life

www.indigofg.com and www.uwinfin.com